Profitable Luxury Specialty Store in the Heart of Downtown Charleston

Price: $575,000

Location: Charleston, SC

Industry: Retail

Listing ID: 2384115

Listing Status: New

Description

This is a rare opportunity to acquire one of Charleston’s most beloved and enduring specialty retail businesses, with a history spanning multiple generations. Known for refined Southern charm and elegant lifestyle offerings, the store has built a loyal following among locals, tourists, and interior designers alike.

The business offers a curated selection of home décor, linens, gifts, and bridal registry services, including access to exclusive vendor relationships not commonly available elsewhere. Its reputation for high-touch customer service and tasteful merchandising sets it apart in the market.

Under current ownership for over a decade, the business underwent a pivotal transformation in recent years with a relocation to a high-profile space in downtown Charleston’s most prestigious retail corridor. This move dramatically increased visibility and foot traffic, aligning the business alongside elite national and regional brands.

The results speak for themselves, with SDE almost doubling from 2022 to 2023, and then more than tripling from 2023 to 2024.

This consistent growth reflects not only the benefit of the new location, but also the owner’s operational improvements and enhanced brand positioning. The business now enjoys strong upward momentum and a modernized foundation ready for a new owner to build upon.

Ideal for an entrepreneur with a passion for retail, lifestyle brands, or home design—or for a strategic buyer seeking an established presence in the heart of Charleston’s luxury market.

LISTING DETAILS

Down Payment: N/A

Total Sales: $961,800

Cash Flow: $142,300

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $5,720

FFE Included: Yes

Inventory: $216,000

Inventory Included: Yes

Operation

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: N/A

Summary

Facilities Information:

The retail space encompasses approximately 1,600 square feet and was fully built out recently following the store’s relocation. The space includes a well-organized sales floor, back-office area, and ample storage. The lease was renewed in 2024 and runs through July 2027.

Reason For Sale:

Retirement and Relocation

Training & Support:

The owner will stay on for a reasonable amount of time to provide training and ensure a smooth transition with staff, customers, and vendors.

Historical Summary:

SDE 2022: $23,535; SDE 2023: $45,060; SDE 2024: $142,301

Owner Qualifications:

Ideal for an entrepreneur with a passion for retail, lifestyle brands, or home design, or for a strategic buyer seeking an established presence in the heart of Charleston’s luxury market.

Competition:

The business operates in a niche segment of the retail market that faces limited direct competition. While big-box retailers and online platforms offer home goods and registry services, they typically lack the high-end inventory, personalized experience, and vendor exclusivity that define this business. Other local boutiques may sell giftware or decor, but few, if any, match the store’s legacy, vendor relationships, and ability to serve both high-end residents and destination brides with curated, experiential service.

Potential Growth:

This business is well-positioned for multiple avenues of growth under new ownership, the main being expansion of its digital presence by leveraging digital advertising, SEO strategy, and targeted email marketing. Beyond ecommerce, the business could benefit from expanded promotion of its bridal registry program, which is currently a strong but under-marketed revenue stream. A new owner could also expand to a second location, either in one of the growing outer markets of the Charleston region, or another high-end market such as Palmetto Bluff.

Financing/Terms:

Included in the sale are all FF&E, leasehold improvements, the full inventory, vendor lists, branding elements, customer records, website, registry platform, social media accounts, and transition training. Seller would prefer 100% cash at closing but will consider seller financing.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER