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Business For Sale
HIP, TRENDY CLOTHING BOUTIQUE WITH LOYAL CUSTOMER
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Asking Price: |
$74,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Clothing & Accessories
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Reason for Selling:
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spouse relocated to other state |
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Year Established:
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2006 |
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Yearly Revenues:
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$214,000 |
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Yearly Cash Flow:
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$79,000 |
Business for Sale Overview:
Financials:
Asking: $74,000;
Not Included in the Asking Price:
Inventory: $35,000.
Gross: $214,000;
Cash Flow: $79,000.
Summary Description:
Current owner has invested over $150,000 in Furniture, Fixtures, & Equipment and tenant improvements into this great opportunity. Very nice clothing store catering to local young women. Owner has an established client list and enjoys repeat customers. Six days a week operation with no employees/business is owner operated. If you like fashion, this is for you. Sales in 2008 are down 30%. With some marketing this store can turn a nice profit (is currently profitable) and is easily reproduced in other markets for increased visibility and recognition. Terms may be available.
General Information:
Year Established: 2006;
Employees: 0.
Facilities: Beautiful, trendy and new facility in a new shopping center on major street in Riverside, CA Lease terms are good and assignable.
Market Outlook:
Competition: Outstanding location with loyal customer base.
Growth and Expansion: Given the location and hip, trendy style of clothing, some additional advertising and brand building can yield tremendous results. Current owner exists exclusively on word of mouth.
About the Sale:
Support/Training: 2 weeks plus negotiable.
Reason Selling: Spouse forced to transfer out of state and seller to follow.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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