Sportswear Retailer - Licensed Apparel
Location California,United States
Asking Price Range < $250K
Gross Revenues $210000
Net Profit / Cash Flow $77049
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 1 - 3
Inventory 90000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Retirement.
Description Offers Considered!-Sportswear Retailer-Licensed Apparel
This attractive retail business has been in operation since 1988. Itƒ_Ts located in north Orange County along a very busy thoroughfare with excellent drive by traffic.
The store sells sportswear and licensed apparel. The seller has operated this business by himself over the years, however a new owner could both increase the staff and operational hours, and therefore most probably increase sales and profits.
The inventory includes a wide array of major league baseball, football team gear etc. In addition, there is considerable ƒ_~collectibleƒ_T apparel from teams no longer in existence, for example the Houston Oilers.
The business presently has not Internet Shopping site, however the seller feels very strongly that this is an area in which a new owner could really increase sales.
The owner desires to retire, however is willing to train the new ownership in the nuances of the business.
They enjoy a favorable lease situation, renting 2100 square feet for approximately $2400 per month. The lease is in effect through 2007, and the seller is confident the landlord would extend an option for a long term agreement to a qualified buyer.
Purchase price includes approximately $80,000 in sellable inventory.
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