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Hip, Trendy Clothing Boutique with Loyal Customer Base

Location: California, United States
Category: Clothing and Accessories
Type: Established

Financials

Asking Price: $74,000
Cash flow: $79,000
Revenue: $214,000
Gross Income: Not Disclosed
Inventory: $35,000 - Not included in the Asking Price
FF&E $150,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

Financials
Asking: $74,000
NOT Included in the Asking Price:
Inventory: $35,000

Gross: $214,000
Cash Flow: $79,000

Summary Description
Current owner has invested over $150,000 in FF&E and tenant improvements into this great opportunity. Very nice clothing store catering to local young women. Owner has an established client list and enjoys repeat customers. Six day a week operation with no employees/business is owner operated. If you like fashion, this is for you. Sales in 2008 are down 30%. With some marketing this store can turn a nice profit (is currently profitable) and is easily reproduced in other markets for increased visibility and recognition. Terms may be available.

General Information
Year Established: 2006
Employees: 0
Facilities: Beautiful, trendy and new facility in a new shopping center on major street in Riverside, CA Lease terms are good and assignable.

Market Outlook
Competition: Outstanding location with loyal customer base.

Growth and Expansion: Given the location and hip, trendy style of clothing, some additional advertising and brand building can yield tremendous results. Current owner exists exclusively on word of mouth.

About the Sale
Support/Training: 2 weeks plus negotiable.
Reason Selling: Spouse forced to transfer out of state and seller to follow.

Contact Information
Pablo Fonseca
Spectrum Business Advisors
Phone: 951.235.4078

General Information

Reason Selling: other business interests

Number of Employees: 1
Year Established: 2006