Jul 23, 2018 — Rare opportunity to own a well-known and established retail boutique in Alexandria, Virginia. The business caters to women and specializes in clothing, shoes, jewelry, and accessories from many designer brands. The business has been the recipient of numerous “Best of” accolades from publications like Washingtonian Magazine, The Washington Post, Northern Virginia Magazine, and more!
Over nearly a decade in business, the owner and dedicated staff have created a warm and inviting store with a reputation as one to the top retail boutiques in the area. The business features the latest merchandise from many upscale and premium brands at competitive prices with a unique retail business model. There is a robust clientele with a healthy combination of new and repeat customers. The store has 4K+ customers in their database and email lists along with popular social media accounts with over 10K+ followers across several popular platforms.
This is a unique opportunity for someone in the retail industry or an entrepreneur looking to own a consistently profitable business with a sustained track record of growth. The business can be run on a semi-absentee basis or with a full-time owner/operator in lieu of a manager. There is an attractive lease in place with 5 years remaining on the term as well as an additional 5-year option. Don’t miss this chance to take over a business in an affluent and growing market that’s set up for success.