Latino Retail 3 - Apparel, Gifts & Home Decor

www.GlobalBX.com

Listing ID: 70052603

Listing Title: Latino Retail 3 - Apparel, Gifts & Home Decor

Quick Link: http://www.globalbx.com/listing.asp?bId=52603

Industry: Retail

Industry Segment: Other Retail

Country: United States

State / Province: California

Area Northern California - All Northern California

City:

Asking Price Range: < $250K

Gross Revenues: $250,000

Cash Flow: $86,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2002

Number of Employees: 1 - 3

Business Description:
Located in a South Bay Regional Mall, this Niche concept store attracting the fastest growing demographic population group. Owner has cultivated vendors for T-shirts with ethnic slogans (70% of sales) to be placed in store on consignment, saving investment in inventory. Attractively merchandised store contains Latin cultural gifts, apparel, furniture, music, DVD's, home decor, art work, books, Y Mas from Mexico, Salvador, Columbia, Cuba, Guatemala and Mexico. New location within mall for 2006 increased SF and reduced rent. Close to anchor. Lease is renewable. Seasoned store operating since 2002. Owner's efforts diverted to other ventures for 2006, resulting in some reduction in sales. Owner's missed a buying trip and says sales can be increased with good buying and increasing inventory available for sale. Owner ready to pass his buying expertise on to new owner. Price includes $7,000 of inventory and approx $50,000 of T-Shirt consignment inventory. Store has 1 full time and 1 part-time employee. Owner has other ventures to pursue and is moving. Email or call Jeanette Bailey, Business Broker, CBI, at Sunbelt of Orange Coast at 714-619-9310 ext. 251 for more information on this Apparel, Gifts & Home Decor business for sale.



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