Chic Shoes
Location California,United States
Asking Price Range < $250K
Gross Revenues $178500
Net Profit / Cash Flow $20000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Inventory 108000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 4 weeks, 20 hours/week.
Reason for Sale Other business interests.
Description Business for sale in the Thousand Oaks area is a very elegant women's shoe store. The store has been established for approximately five years and carries an upscale inventory that includes an exclusive line of high quality footwear. The business has excellent margins on its goods and has been very profitable in the past as well as providing a very causal environment for an owner operator. The owner has a desire to sell and possibly spend some time abroad, however, she is dedicated to providing the buyer with all the training necessary to be successful in this business. The business is being offered for the price of the inventory in stock and a modest amount for the build out and FF&E. The new leases being signed in the area suggest that a buyer could renegotiate the current rental situation and dramatically lower the monthly rent. As the economy rebounds this store should be poised to do very well.
To learn more please email or call Kendric Foultz directly at 310-968-2369
Click Here To Contact Seller
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