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Oakland, Alameda County, California
Asking Price
$2,300,000
Revenue
Call/Email
Down
50%
Cash Flow
Call/Email
Name: Matt Weiler
Phone: Show phone number
Name
Matt Weiler
Phone
Show phone number
Posting ID:
291203
Attributes:
Broker Cooperation
Existing Franchise
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Laguna Beach, California
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Two stores for the price of one! Most popular and beautiful women's boutiques in Laguna Beach and Huntington Beach. Prime locations with maximum walking traffic. Highest quality and elegant decor. Randy Boutique is available for sale after 20 years in business. Thousands of loyal customers. Reason for selling: Family owned building in Laguna Beach. Store owner must sell business to avoid potential pending conflict of interest as both family trustee (landlord) and tenant. Only clothing store in downtown Laguna Beach that has a conditional use permit (CUP) without limits on jewelry, accessories, and shoes. (Laguna Beach tightly regulates business in downtown. Absolutely no new clothing stores may open in this area. The only way to open a clothing store is to take over an existing business.) 1,800 sqft Laguna, 1,500 sqft Huntington. Laguna location comes with lease that is substantially below market rent. Savings in rent alone exceeds purchase price. Complete turnkey operation, fixtures, supplies, inventory, etc. office, changing rooms, back room storage, music, ADA bathrooms, P&P, etc. Training and vendor sources included. Fixtures alone exceed purchase price. Two locations close enough for one owner to easily manage both. Email for pictures, detailed documentation. Unique, custom, one of a kind, high-end decor and fixtures. Both stores completely remodeled in 2007. 200K investment in remodels alone. Brand new condition. Will consider selling separately. Will consider selling without fixtures or inventory.
Los Angeles County, California
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