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Businesses For Sale   >>   California Businesses For Sale Categories   >>   

Famous Clothing Store

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $350792
Net Profit / Cash Flow  $110393
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1988
Number of Employees  6 - 9
Inventory  70000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Seller will train.
Reason for Sale  Moving to Another City.
Description  Well known and successful trendy clothing store on Main St. in Santa Monica asset sale. 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 - Takeover fashion-insider supply chain - $50,000 in inventory (at additional cost) 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. ALL OFFERS PRESENTED! Interested parties please contact Shelli Margolin at 310 882-2200 ext 128.
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