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Northridge, Los Angeles County, California
Asking Price
$175,000
Revenue
Call/Email
Down
$175,000
Cash Flow
Call/Email
Name: Ralph Santos
Phone: Show phone number
Name
Ralph Santos
Phone
Show phone number
Posting ID:
291326
Attributes:
License (Liquor, etc.)
Owner/Seller Financing
Relocatable
Training And Support
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Long Beach, California
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This store has been arguably the most popular women's boutique on 2nd street since established in affluent Belmont Shore in 1996. It has built up a very loyal local following over the last 16 years, and also caters to tourists and visitors to the nearby Long Beach convention center. The business association in Belmont Shore is very active and conducts many special events and attractions on 2nd Street, which draw tourists from throughout Southern California. The boutique carries exclusive labels and better priced items of trendy clothing, shoes, accessories, and jewelry. Inventory turnover is very high in this busy, high-volume store. Sales of accessories and jewelry, which have higher margin, are especially brisk. The boutique's prime corner location provides excellent street visibility and tremendous foot traffic from the thousands of people strolling along the street to shop and dine at the many fine restaurants. The store operates from a gorgeous 1,450 square foot space, which features a 14 foot high ceiling, crystal chandeliers, and a spectacular 56 linear feet of window frontage. It features a fanciful, themed interior that garners constant compliments from impressed customers. The racks and fixtures are unique, antique looking--all custom built for the store. The well designed shop features 5 changing rooms, an employee break room, an office, and ample backroom storage, plenty of space for all supplies, extra fixtures, and holiday decorations. There is enough display and back stock shelving for at least 20 styles of shoes. Owner spent 200k on a floor-to-ceiling remodel. Includes 6k Sensormatic theft detection system and is prewired for security cameras, which are not included. The boutique currently employs 4 superb part-time sales people and a manager who have all established relationships with loyal clientele. The manager maintains the facebook and popular fashion blog for the store and can be trained as the buyer in case the new owner does not want to work in the business. The ideal buyer for this business should be trend savvy and have a passion for fashion. Substantial savings/extra profit if new owner wishes to take over the manager's duties. The elderly owner is selling the boutique, the third one to be sold as part of his second retirement plans. Already retired as CPA, he was forced to take over the business in 2000 from his brother, who became disabled at that time. Now, he himself is downsizing his business affairs after a recent heart attack. The business has a much greater profit potential if energized by a younger, more passionate owner-operator. Customers have been requesting an Internet sales capability, which the new owner is strongly advised to set up. Domain names included. Perfect time to buy as the economy continues to grow post recession. Lots of upside potential. Lease expires in 2016. Being near the beach and several colleges, summer sales are higher than most boutiques, although highest sales are November/December. Training on operations, buying, and all vendor sources included. Orders of exclusive designer clothing have already been placed through the end of the year. 68,000 + inventory, which may be purchased at cost at buyer's option. Belmont Shore Long Beach Los Angeles.
Riverside County, California
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Portland, Oregon
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$ 515,000
CF : $ 208,480
In recent years, consumers have been trending back towards making an effort to support local small businesses. This flooring business in the suburbs of east Portland has been around for many years and based on recent sales numbers, is a recipient of the small business trend by consumers. There is an option to buy the building and property for $1,700,000. The facility is 9,300 sq. ft, the property size is .86 acres. It is in an excellent location. This can be a significant benefit to any business owner. With a long history of success and a recent track record of solid cash flow, this is a business worth looking at. The seller will negotiate a transition period for training and support.Â
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$ 200,000
This is an excellent opportunity to own and run a well established smoke shop in a great part of Los Angeles County, CA. Per seller, store nets about 10-12K per month, with sales at around 30-35K per month. 10+ years in business. A signed NDA and proof of funds will be needed for more information.
Orange County, California
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CF : $ 42,000
This glass and screen service provider has been serving Orange County for twelve years, providing exceptional and quality glass and screen repair. It is located on a busy commercial street in a modern business center with retail, office and shop areas. The business provides many services, including glass window and sliding glass door replacement or repair, window and door rescreening, custom-made shower doors and tub enclosures, custom mirrors, mirrored doors, ceilings, and walls, glass table tops, balcony rails, and storefronts. This easy-to-learn and run business is situated in a 1,400 square foot space that rents for only $1,250 per month! The owner and his wife run the business, and have a part-time employee to help with the installations. The low rent, as well as the low overhead, easily allows for strong cash flow. The owner feels that there are plenty of opportunities to expand the business, however, due to health reasons, he cannot devote a lot of time and energy to the business. This opportunity would be perfect for a buyer who wants to strike out on their own, or for another glass company to expand their business into Orange County. The business requires a C-17 license for the owner or responsible employee. The owner is selling due to health issues.
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