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San Francisco, San Francisco County, California
Asking Price
$150,000
Revenue
$450,000
Down
Call/Email
Cash Flow
Call/Email
Name: Tommy Tran/Ivy Guo
Phone: Show phone number
Name
Tommy Tran/Ivy Guo
Phone
Show phone number
Posting ID:
286447
Attributes:
Broker Cooperation
Training And Support
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This Cell Phone Store Has An Ideal Location In An Upscale Shopping Center In Central Orange County And Is Surrounded By Huge Residential Tracts! Established As A Cell Phone Store Seven Years Ago, It Has Been A Franchise For The Last Two Years. It Is Also One Of Only Two Independent Cell Phone Stores Within A Five Mile Radius! Nicely Decorated, This 1,400 Square Foot Shop Only Sells Contracts For Two Carriers – Verizon And Sprint, As Well As A Variety Of Accessories. It Is Possible For The Buyer To Either Remain Under The Current Franchise, Or Change To Another. There Is A Huge Opportunity To Increase Sales By Adding More Carriers, As Well As Accessories! The Owner Is Selling Because He Would Like To Retire And Move Out Of State. Approximately 6,000 In Inventory Is Not Included In The Sales Price, But Is Avalible At An Additional Cost.
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Price includes inventory. Real estate available. This is an amazing opportunity to buy and run this high performing and historical tire/mechanic shop in Los Angeles. It is one of the biggest and highest producing shops in the county. This business has a long and decorated history and is run by a very respected family in the industry. The shop is very well maintained and operates with 16 bays, 10 in-ground lifts, 1 above ground lift, 4 tire changers, 4 tire balancers and 2 alignment racks. The business typically operates with between 25-30 employees at any given time. There are 20 immediate parking spaces available to customers, with more available spaces with an agreement with a neighboring business. There is an upstairs office for the manager/owner-operator and a large waiting room for customers. The shop is specially equipped to work on dualies and specialized vans, which is rare in the area and allows for contracting opportunities. Per seller, the shop does between 40K to 50K a month from alignments. Per seller, prior to the pandemic, the gross revenue would average between $450-$500K a month. - Historical and wellknown shop - Great opportunity to take over and run a high grossing business - Must provide NDA and proof of funds - Must contact agent before viewing
Belmont Shore, California
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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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