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Los Angeles, Los Angeles County, California
Asking Price
$150,000
Revenue
$283,079
Down
Call/Email
Cash Flow
$107,081
Name: Claudia Castro
Phone: Show phone number
Name
Claudia Castro
Phone
Show phone number
Posting ID:
287997
Attributes:
Broker Cooperation
Training And Support
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San Diego, California
Shoe Shop In Women's Clothing Boutique
Call/Email
A women's clothing boutique recently opened in a prime location in the heart of the famous Gaslamp Quarter in downtown San Diego. This new shop won the coveted "Best New Retailer of the Year" award. Their forte is clothing and accessories. They would like to share their space with a shoe shop to complement their business. They are looking for a qualified owner/operator. The shoe shop has display and storage capacity for up to 100 different styles of fashion shoes. A portion of the window display area will also be set aside for shoes and signage. Good demand with very little competition in the area. A perfect niche market for medium priced fashion shoes within this trendy and popular clothing shop. No cost to open except to stock inventory. You pay low rent, percentage of sales, or combination. Terms negotiable. Fantastic opportunity to get your shoes on 5th Avenue for a fraction of what it would cost to lease, build, and operate a store yourself, assuming you could find an available location on this high demand street, which you can't. Lower overhead means higher profits. Expand your existing business. Perfect as a satelite location for an existing shoe store in San Diego, a factory store, or as a starter shop. Check the store out at www.facebook.com/edenboutiquesandiego.
Belmont Shore, California
Popular Womens Boutique Shop
$ 48,000
This store has been arguably the most popular women's boutique business for sale on 2nd street since established in affluent Belmont Shore in 1996. It has built up a very loyal local following over the last 16 years, and also caters to tourists and visitors to the nearby Long Beach convention center. The business association in Belmont Shore is very active and conducts many special events and attractions on 2nd Street, which draw tourists from throughout Southern California. The boutique carries exclusive labels and better priced items of trendy clothing, accessories, and jewelry. Inventory turnover is very high in this busy, high-volume store. Sales of accessories and jewelry, which have higher margin, are especially brisk. The boutique's prime corner location provides excellent street visibility and tremendous foot traffic from the thousands of people strolling along the street to shop and dine at the many fine restaurants. The store operates from a gorgeous 1,450 square foot space, which features a 14 foot high ceiling, crystal chandeliers, and a spectacular 56 linear feet of window frontage. It features a fanciful, themed interior that garners constant compliments from impressed customers. The racks and fixtures are unique, antique looking--all custom built for the store. The well designed shop features 5 changing rooms, an employee break room, an office, and ample backroom storage, plenty of space for all supplies, extra fixtures, and holiday decorations. There is enough display and back stock shelving for at least 20 styles of shoes. Owner spent 200k on a floor-to-ceiling remodel. Includes 6k Sensormatic theft detection system and is prewired for security cameras. The boutique currently employs 4 superb part-time sales people and a manager who have all established relationships with loyal clientele. The manager maintains the facebook and popular fashion blog for the store. The ideal buyer for this business would take over the manager and buyer duties for maximum profit. They should be trend savvy and have a passion for fashion. The elderly owner is selling the boutique, the third one to be sold as part of his second retirement plans. Already retired as CPA, he was forced to take over the business in 2000 from his brother, who became disabled at that time. Now, he himself is downsizing his business affairs after a recent heart attack. The business has a much greater profit potential if energized by a younger, more passionate owner-operator. Customers have been requesting an Internet sales capability, which the new owner is strongly advised to set up. Perfect time to buy as the economy continues to grow post recession. Lots of upside potential. Lease expires in 2016 but can be extended to 5 years plus option. Being near the beach and several colleges, summer sales are higher than most boutiques, although highest sales are November/December. Training on operations, buying, and all vendor sources and accounts included. Orders of exclusive designer clothing have already been placed several months in advance. $58,000 + inventory, which may be purchased at cost at buyer's option.
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CF : $ 155,000
This shop is located in a prime location that has been serving the south bay for almost 12 years. As a result, the business has a well-established huge customer base with stable cash flows. The shop has one of the highest ratings of reviews in the auto glass business. Growth opportunities exist with geographic expansion in all bay areas by increasing sales through mobile service and insurance claims. The shop does not provide mobile service which is missing a 20-30% of potential business on a daily basis. Owner will offer 2-3 weeks of free training time to allow smooth transitioning, and will be open to a temporary employment if necessary.
Orange County, California
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CF : $ 84,000
You have to see this salon and spa to truly appreciate all that it has to offer! Located in a busy Orange County center, this salon was established 20 years ago and has a very loyal, affluent clientele! The salon, which was recently remodeled, has a unique floor plan and style, featuring 15 hair stations, 6 shampoo bowls, 3 dryer stations, 3 fully-plumbed facial rooms, 2 waiting areas, and 2 bathrooms, one of which is equipped with a shower. There is also room to add 2 more hair stations, and 2 manicure stations. In addition, there are 2 storage areas for the stylists, a locked storage room for the owner, plus a private office near the reception area. A covered patio in the back of the salon offers a relaxing retreat for stylists to have their coffee break or enjoy their lunch. The salon and spa occupies approximately 3,000 square feet, but what is most amazing is the extremely low monthly rent of only 1,500 which is well-below market! The landlord has reduced it to this level indefinitely, from the already-low 2,590 specified in the long lease, to help in this economy. This beautiful full-service salon and spa offers designer cuts, expert color, color correction, up-do's, Brazilian Blowouts, Japanese hair straightening, as well as massage, waxing, bridal make-up, facials, resurfacing skin peels, micro dermabrasion, dermafillers (Restylane, collagens, and Hylaform) and Botox. A retail area displays hair and skincare products, as well as jewelry, sunglasses, purses, scarves and seasonal gifts. There are currently 7 stylists, 4 of which are on a rental basis, and 3 on a commission basis, 1 aesthetician and 1 nail technician, both on a rental basis. The salon is slowly transitioning to a commission basis. This should be even more profitable, but can require more hands-on management and on-going product training. The owner has identified several opportunities to grow the business, such as filling the remaining 8 hair stations and facial rooms, and marketing to the database of 1,000+ clients, the upscale residential area surrounding the salon, and the employees of the many large corporate headquarters just minutes away! The owner is selling the salon because her commute is too far, and she would like to spend more time with her family.
California
Italian Restaurant With Beer And Wine
$ 325,000
CF : $ 175,000
Very popular restaurant on busy and prime location in an upscale and bustling with foot traffic los angeles neighborhood. Ideal for owner operator or family business - easy operation. Extremely good lease given the location (till august 2018 + 2 five years options.) the landlord would consider drafting a new lease for a qualified tenant. And the tent is very reasonable for the area: $5,077 + $550 cam. This is a beautiful restaurant totally remodeled in 2013. This sale is because of relocation. The name of the restaurant and the website are not included in the sale.... However, the new owner can continue the same concept and the seller is ok with 'tweaking' the restaurant's name.
Los Angeles County, California
Direct Mail Firm
$ 160,000
CF : $ 100,000
This is a well-established direct mailing firm based out of Los Angeles County (California). Company has been owned and operated for 15 years with the assistance of 2 employee types, 2 full time drivers/warehouse operators (although there is presently only 1) and 1 part administrative assistant. Owner of the business has 28+ years of experience in the industry and is a great resource to those who want to develop a more in depth knowledge of the business and industry as a whole. Both employees are aware of the sale of the business and eager to stay on as long term employees if the opportunity presents itself. All work is completed by in house employees except a few outsourced items such as design and some printing. Revenue is generally a consistent $300,000 a year. Present owner estimates seller's discretionary earnings are approximately $100,000. Owner is willing to offer seller financing to the right buyer at 36 months and 3% interest per year on a promissory note. Down payment for this arrangement would be $75,000 minimum. Firm has a fully developed Web site and developed social media platform (Facebook, LinkedIn, Twitter) and very high online reviews. Check out their testimonials page! Firm has been at their present location since 2000 and has had the same phone number the entire time a great opportunity for repeat business from a well-established client base both locally and California and nationwide. Firm also boasts an approximate 25 solid client base, only one which makes up more than 10% of the current revenue. These are consistent loyal clients who themselves will provide referrals for more work. Owner is also involved in networking circles to obtain additional clients. After 15 years the owner has decided to move on to pursue her lifelong passion of caring for animals in a dog shelter she founded years ago. Local competition is somewhat limited since the company is so well established and provides a high quality specialized service. The firm is well known in the area. Books have only been prepared not audited or reviewed. Very clean and easy to follow bookkeeping! Solid history of profitable financials! This is a great small business, low barrier to entry and a real opportunity for the right buyer!
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Japanese Brazilian Restaurant - High Ratings
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CF : $ 34,000
Our business, founded 2 years ago by two Brazilian friends, specializes in Japanese-Brazilian fusion cuisine and has been profitable since day one. We sell cone-shaped sushi hand rolls and poke bowls and have amassed a substantial clientele, earning the highest Google rating in San Diego's busiest neighborhood. However, both partners are returning to Brazil, and therefore, the business must be sold by the end of summer 2024. IMPORTANT: we are not a conventional brick and mortar restaurant, we are located in a open air space by the street, with removable seating and our food is prepared inside a rented food cart (10x6 inches long). There is an additional kitchen and storage on the location. The rent contract is due to September, we have a good relationship with the owner, so no issues to renew. The asking price is for the brand itself, not including location. The brand is very well known in the city and carries a really good set of reviews. Lots of upsides for increasing business revenue on the mid/long term. Just serious inquiries please.
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