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Bergen County, New Jersey
Asking Price
$250,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Eric Nadel
Name
Eric Nadel
Year Established:
2020
Employees:
3
Reason for sale:
Moving Out of State
Lease Expiration:
05/21/2030
Lease Options:
$8,200
Listing Number:
60386-209485
Sales:
$1,000,000
Seller's Discretionary Earnings:
$150,000
Inventory:
$50,000
Posting ID:
ID tw:84766 / Listing Number 60386-209485
Business Category:
Retail Miscellaneous
Keywords:
Transworld
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This women's fashion boutique is dedicated to helping clients discover styles that enhance confidence and beauty. The boutique's core business revolves around offering a curated selection of designer apparel and unique fashion finds, catering to a range of needs from effortless everyday looks, including jeans and chic tops, to standout dresses for special occasions, and perfect pieces for travel. Its product offerings encompass cardigans, jackets, tops, accessories, dresses, and pants. A key differentiator and strength of this boutique is its commitment to providing honest styling advice within a welcoming, no-pressure atmosphere, aiming to create a personalized shopping experience for each customer.Located in a desirable Midwest community, this business has demonstrated robust growth. It expanded its team from two to seven employees and significantly increased annual sales from approximately $340,000 to $750,000. Further strong performance is anticipated, with robust sales growth projected. 1. Continued emphasis on staff role as salespeople vs. operational 2. Focus on diligent product turnover 3. Expanding social media engagement: Leveraging Instagram and Facebook with consistent content showcasing new arrivals, styling ideas, and testimonials to attract a broader audience and amplify brand visibility. Collaborations with local influencers or running targeted ad campaigns could further enhance reach and engagement. 4. Enhancing email marketing strategies: Utilizing their 4,000-customer email list to deliver personalized offers, exclusive discounts, and early access notifications for new collections, thereby increasing customer retention and encouraging repeat purchases. 5. Broadening community-focused events: Organizing more frequent themed in-store promotions like "Sip & Shop" nights or seasonal fashion showcases to enhance local engagement, foster relationships, and attract new customers from the surrounding affluent communities. 6. Exploring partnerships with anchor tenants: Establishing cross-promotional efforts with nearby major retailers like Sephora, Athleta, or Whole Foods to mutually drive foot traffic and create exclusive shopping experiences for shared customer bases. https://tworld.com/locations/IL/deerfield/listings/Women-s-Fashion-Retailer-with-Strong-Franchise-Support

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