Asset Sale: Home Fashion Store

Hayward, CA
Alameda County

Hayward Area

Asking Price: Annual Revenue:
$75,000 $78,808

Retail: Home Furniture & Furnishings

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RE: Asset Sale: Home Fashion Store Broker: Raj Sathyaseelan
License #: 02071580

Quick Facts

Asking Price: $75,000
Annual Revenue: $78,808
Net Profit: $623
Cash Flow: $1,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 1
BBN Listing #: 848356614
Broker Reference #: SV00006

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Business Overview:

This home fashion store was started in 2017. It's located on a busy street next to many car dealership. This store currently sells rugs, bed and bath accessories and gifts. The owner wants to relocate back home so he is looking for a new owner to take over the business. The business comes with $35,000 worth of inventory and it's included in the asking price.

This location is great for any new business trying to enter or add a new location in the growing Hayward market. The business has potential as home accessories is a growing market. It needs new thinking and changing the current product strategy and marketing.

This business is also great for acquire this business and take advantage of the low rent to convert it to a new business. Possible business concepts could be car dealership, optometry, learning centers and others.

Low base rent of $2,250 per month for about 2,252 square feet (approximately $1 per square feet)

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Property Features and Assets:

This business is on a high traffic street near many car dealership. Perfect for any new retail business looking to open a new location in the Hayward area.

Market Competition and Expansion:

Home accessories is a growing market but with competition from big players such as Home Depot and Lowes but there is room for niche players.

Reason for Selling:

Owner looking to relocate.

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.

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