Eclectic Vintage Shop For Sale - Long Beach, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Long Beach |
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| County: |
Los Angeles |
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| City: |
Long Beach |
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| Financial Information |
Detailed Information |
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| Price: |
$65,000 |
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| Down: |
Call |
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| Revenue: |
$100K |
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| Adj. Net: |
Call |
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| Relocatable: |
Yes |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
Call |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Long Beach Eclectic Vintage Shop Business For Sale:
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Here Is Your Chance To Earn Substantial Income By Owning A Well-Established And Eclectic Second-Hand Business In The Most Popular Retro Area Of Long Beach.
This 20-Year-Old Retail Establishment Offers A Unique Collection Of Antique, Modern And Vintage Furniture, Accessories, Lighting, Collectibles And Art As Well As Period Clothing And Jewelry. It Also Offers Custom Upholstery From One Of The Best Upholsterers In The Area.
This Green Business Is Primarily A Cash Business. It Occupies Approximately 1500 Square Feet Of A Revitalized Historic Building With Rent Of 1650 (Which Is Lower Than The Going Rate In The Area).
The High-Traffic District In Which The Business Is Located Boasts More Than A Dozen Complementary Stores Within A Two- Block Radius And Numerous Specialty Shops (Including A Busy Coffee Café, Quaint Eateries And A Book Store) That Draw People Of All Ages To The Locale.
Buyers From LA Consider The District A Shopping Destination And Hollywood Costumers And Set Designers Frequent It And Purchase From This Shop Regularly. The District Employs A Pr Firm To Coordinate Monthly Festivities That Bring Visibility And Customers To The Locale.
This Recession-Proof Business Carries A Combination Of Owner-Inventory As Well As That From Dealers And Consigners And Offers Tremendous Upside Potential. Its Marketing Has Relied Primarily On Its Loyal, Repeat Customers (Who Make Referrals) And Its Long Tenure In The Area. The Business Boasts A Viable Customer Database That Has Never Been Mined And Opportunity To Capitalize On The Events Hosted On The Street.
The Shop Also Boasts A Small Room That Could Easily Accommodate A Related Service Business For Additional Income: Lamp Repair, Jewelry Making Or Art Studio To Name A Few.
Current Business Hours: Noon To 6 PM Daily. Closed Mondays. One Staff Member Is Fully Trained To Run The Shop At Least One Day A Week. There Are Two Bathrooms And Ample Showcase Windows. A P&l Statement Is Available For The Serious Buyer. The Owner Has Other Business Interests That Need Her Time And Is Motivated To Sell.
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Eclectic Vintage Shop For Sale And Long Beach Region Related Links:
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Business Acquisition Financing Request Needs Accurate Cash Flow Earnings Explanation
What are the actual "provable" adjusted net earnings (cash flow) of a company being purchased and considered for business acquisition financing? Buyers will need to look carefully at tax returns and financial statements to determine the "real" adjusted net income or cash flow of the business being purchased - banks and financial institutions review these numbers carefully (and in many instances discount items that may be considered addbacks). If you are thinking of financing a business purchase you need to read this BizBen blog posting. |
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