Review

Women Clothing
Retail Related
In or near Los Angeles

Status: Available
Price: $175000
Sq Ft: 1,200 + 300 Sq Ft.

LBA Listing # 6223
 

  




  




  




  




  




  




 
Women Clothing
Retail Related


Los Angeles LBA Listing # 6223
This is a European style online boutique based Business. Two locations in the cities of "Woodland Hills" and "Thousand Oaks" in California were successfully opened in 2016. They utilize their extensive experience in fashion industry to provide customers the latest styles at lowest prices.

1st location in is 1200 sqft located in Strip Mall, Rent is $4475 inc NNN.

I year lease left with option to renew (Upon Landlord approval)  Gross Sales $17K/M average

2nd location In is 300 sqft. Rent is $4475 inc NNN. 2 1/2 years lease plus option (Upon Landlord approval)

Gross Sales about $17K/M

6 Total employees for both locations plus owner works part time

Payroll is about $4000/M for both locations

Inventory at cost about $30,000 (Not included in the Purchase price)

Online sales started about a month ago $1,300 Sales in the first week of online.

Strong Social Media presence. Most of inventory made in Italy. Seller claims his annual Nets about $90,000. High Profit Margin!

Great Opportunity for an owner operator to work in a clean and fun working environment!!!

Status: Available
Price: $175000
Sq Ft: 1,200 + 300 Sq Ft.  


Business Information Financial Information
Ownership Type:  Sole Proprietorship
Year Established:
Year Purchased: 2016
Business Type: Women Clothing
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 6223
Date Available: 4/13/2018
Reason For Sale: Other interest.
Annual Total Revenue: 408,000
Annual Net Income:
Inventory: Not included with asking price.
Monthly Payroll: $4,000 for both places.
Lease Information
Base Rent: $4,475 x 2 both plac
Lease Expires:
Lease Option: Can be given by landlord.
NNN: Included
 
Financing Information
Down Payment: 175,000
Owner Will Carry:
Other Finance Terms:
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer. This information is shared by all Brokers/Agents at Liberty Business Advisors of San Francisco, Inc.