Business Summary:
Nearly one year old children’s boutique that offers new and first quality resale merchandise along with in-store monogramming and custom handmade clothing design for children. This business is about to complete its first year of operations and is on track to reach the 100k revenues mark for the first full year of operations. The year Jan 09 through Dec 09 should exceed the 100k mark. With the entire year of 09 in operations they are anticipating a much more active holiday season in 09. With the addition of new vendors and consignors through out the year the inventory and selection has multiplied substantially over the offerings from the previous year (08). Plus the shop had just opened in November so they had not established the reputation and customer base presently achieved.
The business has a state of the art computer system that is custom designed for the existing business needs. A very workable website and domain is included within the business that is interactive with the vendors and consigners so they can track their activity on line.
The operations presently have over 200 active consignors and 20 active vendors along with their affiliated designer brands and in-store monogramming and custom children’s clothing.
The business is listed for 35k which includes 20k in renovations, over 13k in FF&E, over 2k in inventory plus all consignment items along with a projected cash flow of over 17k for 09. This projection is based on same sales as 2008 which 09 holiday season is expected to double 08’s.
Visit Web site at www.jacknjill.us
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| Year
Business was Established: 2008 |
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| Number of Employees:
1 + owner |
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| Facilities / Terms of Lease:
Space is located in strip center on Kingston Pike in West Knoxville, TN. The space is on a lease through Jan. 31 2012 and has options to extent available. The business operates in 1250 sq. ft. of space and rents for $1,375 per month, this includes all CAM. |
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| Potential
Growth/Expansion:
New operation is growing daily |
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| Competition:
Unique in the market |
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| Owner
willing to finance:
Owner will carry balance with 20k down |
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| Owner
willing to train:
Training as needed |
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| Reason for selling:
Spouse transfer |
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Seller Reference Number: bm2104022342
BusinessMart.com Listing Number: 62643 |
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