Very Profitable Specialty Retail - 2 Locations
Location California,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $6000000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees > 200
Inventory 3100000
Relocatable Not Disclosed
Number of Employees > 200
Real Estate Leased
Training Complete training and support.
Reason for Sale Other business interests.
Description These two specialty retail locations have an amazing following and are known as the place to go during the ''Peak'' Season for this industry with an incredible and loyal following. Anymore details on the products will give away the confidentiality of these well know Southern CA landmark businesses that have over 200,000 cars drive by everyday. Retail sales have increased by an impressive 104% from fiscal year 2003 to fiscal year 2007, growing from around $3 million to over $6 million. Although there was a slight drop-off in fiscal year 2008, the ownership attributes this to their lack of involvement in the day to day ongoing operations since they have other businesses to run. What is amazing is who well these stores performed during the economic townturn in the fourth quarter and continued to be extremely profitable. Business is designed so it can be replicated in other cities around the country. Sale price includes $3.1 Million Dollars of Inventory! Email or call for cash flow info on this Retail business for sale.
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