Hip Clothing Boutique With Loyal Customer Base
Location:
United States
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California
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Riverside - San Bernadino
Industry: Retail > Clothing and Footwear Retail
Business Summary
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.
Financials
Asking Price Range: < $250K
Gross Revenues:
$214,000
Cash Flow:
$79,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
About The Business
Year Established: 2006
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller training provided.
Reason For Selling: Spouse relocation.
Photos
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Click on the "I'm Interested" button above for more information on this Retail > Clothing and Footwear Retail business for sale.
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Print Listing Id: 70085292
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