Prime Burlingame Avenue Established Retail Store
Burlingame, CA San Mateo County
Request More Information Contact the Seller
- RE: Prime Burlingame Avenue Established Retail Store
- Contact: David Mayfair
Quick Facts
| Asking Price: | $65,000 | |
| Annual Revenue: | $250,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1009103 | |
| Broker Reference #: | 60369 |
Business Overview:
The Opportunity: A local institution in the Peninsula’s most prestigious retail corridor is available for immediate takeover. The owner is retiring, and the business must be transferred now to a lucky new owner.
The Value:
Unbeatable Rent: A new 3-5 year term is available for 3 or 5 year extension: 5% rent increase year 1 ($3,893/mo) with 4% annual rent increases. (on landlord approval)
Turnkey Entry: For $65,000, you get a fully built-out luxury retail space and a 20-year reputation in a high-net-worth corridor with a diverse clientele.
Instant Equity: In a market with year+ long build-outs, this is a "skip the line" opportunity priced for a lightning-fast close.
Future Growth & Modernization
Low-Entry/High-Upside: At this price point, you are securing a premium foundation with significant capital left over to apply your personal touch.
Digital Expansion: The business currently operates without an online presence. Launching a modern e-commerce website and social media strategy would immediately capture the high-margin digital market.
Curation & Scaling: While the current European clothing boutique niche is well-established, there is ample room to introduce new vendors and contemporary lines that complement the existing inventory, allowing you to scale the brand for a new generation of Burlingame shoppers.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Rent: 3 or 5 year extension: 5% rent increase year 1 ($3,893/mo) with 4% annual rent increases.
- Inventory: $5,000
- Equipment/fixtures: $10,000
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
