Description of the business for sale
This is a prestigious lifestyle business whose customers have a passion for travel. Whether their destination is domestic, international or truly exotic, travelers can select high quality products from exclusive designer brands; luggage, clothing, footwear and an extensive line of accessories. In addition to steady annual sales growth, a projected 20% increase in revenue is anticipated once the newly created web site is launched in October. The purchaser of this business can not only sell the lifestyle but live it as well.
GROWTH: Continued growth projected with the ' Boomer' generation's passion for travel and with the launching of a new website in October 2007.
COMPETITION: Currently, there are no regional competitors
ADDITIONAL FINANCIAL INFORMATION:
• Financing: 20% for Qualified Buyer.
• Inventory: $595,000.
• FF&E: $257,000.
• Real Estate:.
REASONS FOR SELLING: Retirement.
EMPLOYEES: Full-time / Part-time: 4 ft; 3 pt.
Support / Training provided by seller
Yes
Description of the facilities
3000 SF; Rent $7000.00 per month