Category:
IR10093 - Retail
Location:
Southern California - Southern California
Business Description:
This is your opportunity to own a successful retail store in an affluent area, which has been in continuous operation for 20 years. The store sells home furnishings, decor, women's fashion and baby clothes, accessories, and gift cards. The business enjoys a local and loyal customer base and is located in a very attractive center adjacent to high foot traffic generating anchor tenants. The center recently leased up additional space to large tenants located next to business and is expected to generate additional foot traffic. Increased income potential for a social media savvy buyer with retail experience who is ready to take this business to the next level.
Inventory (included):
$96,000
12 Months Ended
12/31/2018
$437,204
(Sales)
$98,046
(Adjusted Cash Flow)
12 Months Ended
12/31/2017
$522,872
(Sales)
$142,351
(Adjusted Cash Flow)
12 Months Ended
12/31/2016
$593,450
(Sales)
$117,483
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 0 | 4 |
| Owners | 0 | 1 |
Hours of Operation
M-Sat 10am - 6pm, Sun 10am - 5pm.
Licenses Required:
Monthly Rent Including NNN:
$7,221
Expires:
02/08/2022
Option:
No
Size(sq.ft.):
1,557
Type of Organization:
S Corp
Reason for Sale:
Owner retiring and moving out of area near family
Training:
2 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.