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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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Latino Retail 3 - Apparel, Gifts & Home Decor

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $250000
Net Profit / Cash Flow  $86000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2002
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 South Bay 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. New location within mall for 2006 increased SF and reduced rent. Close to anchor. Lease is renewable. Seasoned store operating since 2002. Owner's efforts diverted to other ventures for 2006, resulting in some reduction in sales. Owner's 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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