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High-End Women’s Boutique Clothing Store in Long Island NY

Off-Market

Great Neck, NY

High-end Women's Boutique Clothing Store

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Revenue

$1,000,000

Earnings (SDE)

$500,000

Margin

50.0%

Year Established

2001

Listed

30+ Days

Customers

The business specializes in imported Italian shoes, clothing, belts, and bags with a focus on classic, long-standing styles supplemented by approximately 40% new merchandise annually.

Customer Acquisition

The business has developed a substantial customer base over 26 years, with many customers returning seasonally to make purchases. Marketing efforts include email marketing to an existing customer list, an Instagram presence, and store window visibility. The business relies primarily on word-of-mouth reputation, direct marketing, and customer relationships rather than paid advertising.

Team

No employees in the business.

Owner's Role

The two owners manage the entire business, including inventory buying, customer service, and business operations.

Reason for Selling

There are two owners in the business, one of whom is looking to retire. The owners decided it's best to move on completely from the business.

Contracts

No

Real Estate

The store spans approximately 1,700 square feet and features high-end finishes, including floors and professional lighting. They own the building in which the business operates and prefer to sell the property with the business.

When Are You Looking to Sell

ASAP

Licenses Required

No

Additional Notes

Suppliers vary by season based on the available merchandise, and relationships are maintained with multiple vendors in Europe.

Business ID: 1599

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