Semi Absentee Run Franchise Retail Store

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Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
8650 - Clothing

Location:
Northern California - South Bay

Semi Absentee Run Franchise Retail Store

Business Description:

This amazing retail franchise store opened in 2011 and has established a very loyal customer base. Forbes magazine has recently ranked it #1 Franchise in the $150K-$500K investment category. The business practically runs itself with minimal oversight. Focusing on the buying and selling of gently used, brand-name apparel and accessories, these stores fill a distinct niche in the retail marketplace. Current owner purchased the store in 2017 and is motivated to sell due to health issue. The sales have been stable even with the semi-absentee owner. A more energetic owner should be able to increase the sales with market campaign. $40K inventory is included. REF# 8650


Asking Price: $170,000


Inventory (included):
$40,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2018

$642,024
(Sales)

$40,485
(Adjusted Cash Flow)

9 Months Ended *

12/31/2017

$510,777
(Sales)

$40,181
(Adjusted Cash Flow)

12 Months Ended *

12/31/2016

$692,254
(Sales)

$105,473
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 0 16
Owners 0 1

Hours of Operation
Mon-Sat 10:30-8:00, Sun: 12:00-6:00

Licenses Required:

  • Seller's permit
  • franchise

Lease

Monthly Rent Including NNN:
$6,095

Expires:
10/14/19

Option:
No

Size(sq.ft.):
2,552

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
health issue

Training:
2 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Seattle: 425-957-6180
Stockton: (800) 622-0192

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.