Dolly’s Boutique and Consignment
Stabilization Grant, Spring 2013
Dolly’s Boutique and Consignment is located in Mt. Airy on Germantown Ave. It’s woman-owned company providing high quality customer service including closet and estate cleanouts and pickup service. About 60% of her inventory is consignment and 40% is outright purchase. She was selling at shows and events for several years before renting her location. The location was a good purchase as it had formerly been a high-end consignment shop. She still does church fairs, fashion shows, and college events, however she is more selective and established and knows what will create sales.
Dolly’s Boutique and Consignment made some initial upgrades but she really needed to change out the front window and door to give better site lines. In addition, she needed upgrade the floors, paint, and improve the lighting. Finally, a point of sale system is required to track inventory, create hang tags, and improve her financial systems.
The owner of her building is ready to retire and is interested in making a deal to purchase the property including the apartment upstairs. Dolly’s Boutique and Consignment will need to make these changes to prepare to take on increased sales and new business responsibilities. Through a TMF Stabilization Grant, she will be able to make these upgrades and build her capacity.