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

Latino Retail 2 - Apparel, Gifts & Home Decor

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $321000
Net Profit / Cash Flow  $107000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2003
Number of Employees  1 - 3
Inventory  37000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train.
Reason for Sale  Relocating.
Description  Located in a San Gabriel Valley Regional Mall, this Niche concept store attracting the fastest growing demographic population group. Owner has cultivated vendors for T-shirts with ethnic slogans (70% of sales) to be placed in store on consignment, saving investment in inventory. Attractively merchandised store contains Latin cultural gifts, apparel, furniture, music, DVD's, home decor, art work, books, Y Mas from Mexico, Salvador, Columbia, Cuba, Guatemala and Mexico. Seasoned store operating since 2003. Owner's efforts diverted to other ventures for 2006, resulting in some reduction in sales. Owner missed a buying trip and says sales can be increased with good buying and increasing inventory available for sale. Owner ready to pass his buying expertise on to new owner. Price includes $7,000 of inventory and approx $50,000 of T-Shirt consignment inventory. Store has 1 full time and 1 part-time employee. Owner has other ventures to pursue and is moving. Email or call Jeanette Bailey, Business Broker, CBI, at Sunbelt of Orange Coast at 714-619-9310 ext. 251 for more information on this Apparel, Gifts & Home Decor business for sale.
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