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This business for sale is a beautifully curated women’s clothing and accessories boutique in the heart of East Austin. The lines that fill the shop have been carefully selected to create a cohesive and natural feel in the shop offering hard to find items that are made with care and integrity. The shop specializes in small lines, natural materials and ethical fabricating practices. The shop is outfitted with custom pine and steel fixtures and displays, all handmade by local area craftsmen. The shelving, fitting rooms, jewelry cases, displays and clothing racks were all designed by the owner to specifically fit the unique space and to practically meet the needs of a curated clothing and accessories boutique. The fitting room curtains are a piece of artwork themselves, hand sewn and dyed by a local artist. The shop is located in a unique and beautiful space in a modern design architectural building designed and built by well known local architects. The 721 sq foot space is full of natural light, polished concrete floors, simple track lighting overhead. Since leasing this particular retail space for the last 10 years, some of the benefits in addition to a wonderful location in East Austin, proximity to numerous condo complexes, popular restaurants and shops, is the size of the shop. The shop is a very manageable size, at 721 sq ft allowing for one employee to manage the shop at a time, lending to affordable overhead. This is the second of two shops in East Austin owned and created by long standing local shop curator. The first of the two shops is a gift shop and has been in business over 10 years and grosses over 1 million in gross sales per year. This second shop that is now for sale, is specially curated by the owner who has had much success with her first business. After creating the second business three years ago, has decided to focus on other life goals and wants to pass the beautifully created business onto another entrepreneur to experience the creativity and perks of being a small business owner. The lifestyle of being the owner of a small business includes creativity, freedom, learning, collaboration and growth as we grow our businesses and learn about how we want to share our vision with our community and beyond. The new owner of this business will inherit the lease with a fair landlord who believes in creative small businesses. Minutes from downtown, numerous high end apartment buildings, popular restaurants, boutiques and coffee shops, which lends to regular foot traffic. The area is also a destination spot for out-of-towners wanting to check out all East Austin has to offer. During the week, the shop is allotted two parking spaces in a private off-street lot, on Saturday and Sunday the entire lot can be used by the shop. On the ground floor is a private/locked bathroom for employees and customers to use. The shop has an alarm system, central AC/heat, a storage closet, and a modern tastefully designed back counter and sink within the shop. The owner had ceramic UV resistant film, KLAR 85 with 99% UV protection, on all the windows in the shop to protect merchandise from indirect light. There are overhangs so there is never direct light in the shop itself. The purchase of this business includes name of business, all business collateral i.e. paper products (custom gift cards, price tags, rubber stamps for shopping bags, letterpress business cards), signage, Square cash register, website, domain, Instagram handle and feed, the shops tagline, the majority of the shop fixtures, all clothing lines, hangers, some of the accessory and apothecary lines. The purchase of this business includes all necessities to open the shop for business immediately once sale and handover is complete. The owner will be happy to share helpful information as needed re: running the business for up to a month as needed with the buyer. Details provided re: the shop location, lines carried and other pertinent information upon serious inquiries. Location: Austin, Texas Year Established: 2019 Number of Employees: 3 Real Estate: Leased Building Sq. Ft.: 721 Rent: $2,300.00 Per Month Lease Expiration: 6/1/2023 Facilities: The purchase of this business includes name of business, all business collateral i.e.. paper products (custom gift cards, price tags, rubber stamps for shopping bags, letterpress business cards), signage, Square cash register, website, domain, Instagram handle and feed, the shops unique tagline, the majority of the shop fixtures, all clothing lines, hangers. The sale includes the Instagram feed which currently has 2,575 followers. These followers have been gained in an organic manner over the past three years, the business gains new followers daily. Market Outlook/ Competition: This business is very unique in Austin with regard to location, aesthetic, lines offered and accessibility regarding prices. Due to the careful curation, attention to detail and care put into creating this business, there are no businesses similar in the city. The owner and employees are told regularly by customers that this is their favorite shop in town and they are so pleased this unmet niche was finally filled in Austin. The shop is in walking distance to approximately 7 other complimentary and high quality retail businesses. Growth & Expansion: The owner believes there is great potential for growth as the shop does not currently have a website that offers online sales. There is great potential for increased sales should an online shop be created allowing the offerings in the shop to be accessed by those outside of Austin, across the United States and beyond. The owner believes over time, through marketing and promotion the businesses Instagram feed can easily gain many additional followers, which lends to new customers, and growth in sales.
Listed: Apr 7, 2022
Updated: 10 hours ago
Views: 9
Favorites: 0