Hip Clothing Boutique With Loyal Customer Base
Location California,United States
Asking Price Range < $250K
Gross Revenues $214000
Net Profit / Cash Flow $79000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller training provided.
Reason for Sale Spouse relocation.
Description Asking: $74,000 NOT Included in the Asking Price: Inventory: $35,000.
Gross: $214,000.
Cash Flow: $79,000.
Current owner has invested over $150,000 in FF&E and tenant improvements into this great opportunity. Very nice clothing store catering to local young women. Owner has an established client list and enjoys repeat customers. Six day a week operation with no employees/business is owner operated. If you like fashion, this is for you. Sales in 2008 are down 30%. With some marketing this store can turn a nice profit (is currently profitable) and is easily reproduced in other markets for increased visibility and recognition. Terms may be available.
Year Established: 2006.
Employees: 0.
Facilities: Beautiful, trendy and new facility in a new shopping center on major street in Riverside, CA Lease terms are good and assignable.
Competition: Outstanding location with loyal customer base.
Growth and Expansion: Given the location and hip, trendy style of clothing, some additional advertising and brand building can yield tremendous results. Current owner exists exclusively on word of mouth.
Support/Training: 2 weeks plus negotiable.
Reason Selling: Spouse forced to transfer out of state and seller to follow.
Email or call Pablo Fonseca, Spectrum Business Advisors, at 951.235.4078 for more information on this Hip Clothing Boutique for sale.
Click Here To Contact Seller
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