This nicely designed andattractive boutique is located in a prime spot in an upscale and busy shoppingarea. This dynamic business featuresunique gifts, fashion, jewelry, luggage and travel accessories from some of thefinest makers of these types of goods. It has been a highly regarded business for nearly a quarter century. The store, which contains about 1,100 squarefeet, was recently refreshed and modeled and has new flooring and new interiorsand exterior lighting. It is fullyequipped with attractive and functional furnishings and fixtures. The business has established an aggressive (andsuccessful) marketing campaign utilizing print, radio and Cable TVadvertising. There is also a veryaggressive social media presence.
*Trendy Giftand Travel Shop
*Over 20leading brands exclusive to the area
*RFID wallets,bags and accessories
*Leading brandsof luggage
*WarrantiedTravel Companion FKA Luggage
*Classy VirtualTour incorporated into website and social media
*Robust socialmedia following on Facebook, Instagram, Tumblr and Snapchat
The current lease expires at theend of April, 2020. The lease isassignable. The lease terms are currently about $2,900 per month. Thereis very little competition with the specific niche market provided by thisbusiness. The combination of reasonablypriced high-end product lines and unique accessories for home, office andtravel has generated considerable customer loyalty and the heavy foot traffic ofthe location consistently attracts new customers.
Included in the sale are the assets of the businessincluding equipment, furnishings, fixtures, trade name license, leaseholdimprovements, customer lists, customer email lists, all social media accounts,exclusive vendor list, computer system, video security system, phone number(s),website, proprietary marketing, promotional and packaging materials, signaturetopiary trees and pots, signage, Pandora music station and other items requiredfor operation of this Turn-Key business along with the store’s excellentreputation and good will. The businessis offered at $65,500 plus the wholesale value of the inventory in place at thetime of the sale. Sales for the first quarter of 2018 are up 22% 0ver 2017. Landlord will write a new lease at a reduced rate for a new owner.