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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Tourist Area Apparel Jewelry Gift Shop - Absentee Owner

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $262000
Net Profit / Cash Flow  $72000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1999
Number of Employees  1 - 3
Inventory  180000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  As needed.
Reason for Sale  Retirement.
Description  The subject business is one of the town's shopping icons, with 24 years of operational and profit history under the same ownership. The store specializes in the sale of women's apparel, jewelry, shoes, accessories, and more. Inventory at replacement / wholesale cost of approximately $180,000.00 is included. Any contemplated offer will be inclusive of inventory, and shall be subject to both Buyer and Seller written approval the day before closing. Currently operated by two weekend and one weekday employee, Seller is mostly hands off at this time, managing the business remotely. NDA is required for exact business ID, preliminary due diligence package, and the opportunity to schedule a personal viewing with our friends at a cooperative firm local to the community. Facilities: Cozy 1,200 square foot shop in a tourism hot-spot that draws visitors year-round. Competition/Market Pros and Cons: Draws from the established local clientele, those just passing through, and the large tourist visitor subset. Growth and Expansion Pros and Cons: Seller has not been advertising, has not been operating the store personally, and has also not attempted much business development recently as she is winding things down on her way to retirement. Support/Training: As needed. Reasons for Selling: Retirement.
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