Substantial Owner Financing
Business Description
This popular women’s clothing boutique is situated in a charming 1898 Victorian home on the historic west side of Colorado Springs. The shop features a collection of thoughtfully curated feminine apparel, accessories and gifts with a bohemian chic vibe. It began operations in September of 2000 as an upscale consignment shop and fully rebranded as a women’s retail boutique within the first decade.
This boutique has a loyal local customer base as well as an excellent presence online with a beautiful custom e-commerce website, over 8K followers on Facebook and 13K plus on Instagram. Throughout its more than two decades in business the shop has won many “Best of The Springs” awards in The Colorado Springs Gazette and The Colorado Springs Independent. The shop was featured in an HGTV Series and was also selected as “The Most Beautiful Independent Store” in the state of Colorado by Architectural Digest in 2018.
Detailed Information
Location: Colorado Springs, CO
Inventory: Not included in asking price
Real Estate: OwnedIncluded in asking price
Building SF: 1,687
Employees: 4
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Price includes the real estate and furnishings and equipment.
Growth & Expansion: Excellent opportunity for growth
Financing: Real estate only: 10% down, 20-yr amortization, 6% interest, 3 year balloon
Support & Training: 30 Days
Reason for Selling:Retirement