November 21, 2009
 
 
Clothing & Shoe Store  •  $300,000

Location: San Bernardino
Seller: Remy Chen
Phone: 213-798-9987
 
 
About This Business
BizBen Ad #: 144989
Status: Available
Start Date: 11/10/09
Last Revised: 12/31/69
Location: San Bernardino
County: San Bernardino
City: San Bernardino
Contact Information
Seller or Contact: Remy Chen
Primary Phone: 213-798-9987
Alternate Phone: Not Provided
Email: rc@ivyrealty.com
 
 
Financial Information
Asking Price: $300,000
Down Payment: $Cash
Annual Cash Flow: $90,000
Annual Revenue: $500,000
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: Yes
 
 
Business Summary
Family Fashion

Asking Price: $300,000

Allocation Of Asking Price

(“Inventory”): $130,000 Approx Included In The Sale

Business Type: Clothing, Shoe And More.

Building & Parking: Freestanding / Ample Parking

Days Open & Hours: 7 Days / 10:00am To 07:00pm

Address: 1408 E. Highland Ave., San Bernardino, Ca 92404

Lease 5 Years Remaining

Store Size: 4,800 Sq. Ft, Including 2 Beds And 2 Baths Apt

No. Of Employee: 1 Full-Time

Approx Gross Sale Per Month: $40,000.00 (Projected.): Represented By Seller As Per Listing Agreement

Other Net Income: $0.00

Monthly Expenses / (Approx.): Represented By Seller As Per Listing Agreement

Current Monthly Rent: $4,000.00

Cost Of Goods: $24,000.00 Including Restaurant & Bakery Cost Of Goods

Payroll: $1,500.00

Trash: $119.00

Phone: $120.00

Electric: $500.00

Insurance: $140.00

Alarm: $30.00

Misc: $2,000.00 Such As Credit Card Service, Repairs, Taxes, License Fees And All Fees

Total Expenses: $32,409.00

Net Income: $7,591.00 (Approx): Represented By Seller As Per Listing Agreement

Remark 1: Rent Is Including Apt Rent 2 Beds And 2 Baths With Full Kitchen, 2 Living Room Approx 1,400 Sqft

Remark 2: Sales Including The Inventories With-In The Store, Excluding Furniture And Fixture With-In The Apt

For More Information Please Contact Remy Chen @ 213-909-0041 Or 213-798-9987 E-Mail: Rc@ivyrealty.Com

Broker/Agent Does Not Guarantee The Accuracy Of The Income, Expenses Or Other Information Concerning

The Business Provided By The Seller Or Obtained From Public Records Or Other Sources.

Buyer Is Advised To Independently Verify The Accuracy Of Above Information Through

Personal Inspection And With Appropriate Professionals.