Very upscale and dignified lingerie boutique brand with 16 stores located in N & S Carolina now available.

In 2005 they started with 2 stores (through acquisitions...their oldest store is 18 years old - est 1998) and now have grown to 4 territories and 16 stores in 2 states.

**The income numbers reflected in this ad are from ONLY 13 stores in 2015. 2016 will show numbers for 15 stores and 2017 will have 16 stores. The 16th store is set to open in less than 60 days. Therefore, current asking is very reasonable given only 13 stores reflected in 2015 numbers shown in ad.

2017 projections are $9,000,000.

All locations are operating in the black with excellent cash flow.

Very high gross profits (68%!)

Very little competition.


-Only 2.5% royalties. New franchisees pay 5%

-Privately owned POS system

-Direct relationship with vendors saves big money! Again 68% margin. New franchisees must go through corporate.

-Much larger territories (4) than currently being awarded!

-Potential 6-8 new stores available total in these 4 territories (Area Developer included in 3 of 4 territories)

We are asking $6.9MM plus inventory. Owners will stay for X number of days/weeks to train for smooth transition...negotiable.

All taxes are current and very clean books exist ready for viewing. No debt on balance sheet will transfer to new owner(s).

Company does not provide insurance rather pays the penalty. They do offer a 401k plan. 107 employees averaging $8.50 - $10.50/hr plus incentives. 99% female staff.

2/3 of inventory is on main floor (non-adult). 1/3 is adult novelties located in back of stores.

55% of customer base is female. Sale also includes newly developed Website with profit centers.

Seeking a clean transaction. This is a for-sale-by-owner. Contact me today if you're serious and I will screen you for introductions. Thank you.

Posted Sep 18, 2016

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