Owner Financing is Available!
Business Overview:
Well known and successful trendy clothing store on Main St. in Santa Monica. Excellent location with a solid customer base and an industry expert willing to train the right buyer.
Characteristics:
- High foot traffic in hip tourist zone
- Well known for trendy fashions at reasonable prices
- Almost 25 years in business
- Still profitable in bad economy
- 35% COGS
- Base inventory turns over 3x/yr
- Low labor costs
- Reasonable lease rate
- Lovely interiors/build-out
- $50,000 in inventory
- Takeover fashion-insider supply chain
Clothing: Mytribe, Mur Mur, Cosabella, Only Heart, Spy-C, Monoreno, Elan
Shoes and boots: Frye, Mia, Medici, Gee Wawa, Aerosoles, Chinese Laundry. Cesare Paciotti, Robert Zur
Opportunity:
- Marketing! - seller does very-very little marketing
- Internet sales - seller doesn't do any on-line sales
- Seller has a multimillion dollar clothing manufacturing and merchandising background. Seller is willing to give extensive training to assure the success and reputation of the store.
- Landlord is agreeable to 3 years with 3 year option for credit tenant.
Interested parties please register at www.bizex.net or contact Shelli Margolin at 310 882-2200 ext 128.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Moving to Another City
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: