Trendy boutique perfectly located in Truro's downtown core.
If you have been dreaming of becoming your own boss and are passionate about fashion, or simply want to embark in a new venture with a solid foundation, traveling the world for business, buying and designing jewelry as you go, this is the perfect opportunity!
The current owner has designed the business with a specific and unique vision in mind and one that caught on immediately with the targeted clientele. Adding a retail storefront and wholesale to the original online business resulted in this company booming for the past 6 years and still, there is much room to quickly grow and expand the business for a Buyer who wishes to jump on the opportunity.
The Boutique's products can be found in retail stores throughout 6 Provinces and over 25 retailers carry its products in Nova Scotia alone. We believe expanding the social media presence, the online direct to consumer sales are just a couple of areas of growth which could propel this company on the National, and International market.
The owner will be happy to train and assist for a smooth transition to ensure the Buyer is fully capable of continuing to meet the demands of the clientele.
Presently 1 Full Time and 5 Part Time staff
Seller's Discretionary Earnings (SDE) has averaged over $63,000 over the past 3 years.
Revenues have been stable in the past 3 years and have averaged over $251,000.
Approximate inventory $50,000
Leased location in the heart of downtown: $1,750/month taxes and utilities included
Boutique: 1,080 square feet
Basement storage space: 2,080 square feet
1080 square feet/boutique + 2080 square feet storage/office
Social media presence - Online direct to consumer sales