Latino Retail 2 - Apparel, Gifts & Home Decor
www.GlobalBX.com
Listing ID:
70052609
Listing Title:
Latino Retail 2 - Apparel, Gifts & Home Decor
Quick Link:
http://www.globalbx.com/listing.asp?bId=52609
Industry:
Retail
Industry Segment:
Other Retail
Country:
United States
State / Province:
California
Area
Southern California - All Southern California
City:
Asking Price Range:
< $250K
Gross Revenues:
$321,000
Cash Flow:
$107,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2003
Number of Employees:
1 - 3
Business Description:
Located in a San Gabriel Valley 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.
Seasoned store operating since 2003. Owner's efforts diverted to other ventures for 2006, resulting in some reduction in sales. Owner 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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