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Burbank, Los Angeles County, California
Asking Price
$45,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Ralph Santos
Phone: Show phone number
Name
Ralph Santos
Phone
Show phone number
Posting ID:
291228
Attributes:
License (Liquor, etc.)
Relocatable
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Long Beach, California
Womens Boutique
$ 58,000
This store has been arguably the most popular women's boutique 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, shoes, 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, which are not included. 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 and can be trained as the buyer in case the new owner does not want to work in the business. The ideal buyer for this business should be trend savvy and have a passion for fashion. Substantial savings/extra profit if new owner wishes to take over the manager's duties. 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. Domain names included. Perfect time to buy as the economy continues to grow post recession. Lots of upside potential. Lease expires in 2016. 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 included. Orders of exclusive designer clothing have already been placed through the end of the year. 68,000 + inventory, which may be purchased at cost at buyer's option. Belmont Shore Long Beach Los Angeles.
Los Angeles County, California
Restaurant - Low Rent, High Adjusted Net Income
$ 325,000
CF : $ 185,000
Established & very profitable business - Great Books - This turnkey prime Westwood with beer & wine/41 lic. is located in a highly visible, high foot and car traffic location. Beer & Wine license 41, the Name of the Restaurant, the Website, the social media accounts, Phone & Fax numbers, all F,F, & E, the RECIPES, Goodwill, TRAINING, etc. . The location lends itself to deliveries as far north as Bel Air, with the UCLA Campus, Westwood, West Los Angeles and Brentwood Excellent opportunity for owner operator or family business. Current RENT: $5,077 per month + $650 NNN ( $5,630 all included ) Excellent lease: till august 2018 + one five years options. The landlord would consider drafting a new lease for a qualified tenant. Growth/Great Upside: Open later for dinner, Open Mondays, open for weekend Brunch! Develop Catering ---> Great Upside Heavy walk-traffic from area residents, commuters, office employees, students, staffers and visitors. No direct competition in the area. Excellent opportunity for an owner/operator. Tremendous exposure provide a strong advantage versus other space options. Established with goodwill and great customer base. Continue the good management & this prominent eatery has nowhere to go, but up!
Los Angeles County, California
Medical Spa
$ 89,000
CF : $ 58,000
Newly established in 2008, this turnkey Med Spa is poised for significant growth! In just 2 short years, the spa has 350 active charts, with the M.D. and D.O. owners working only 4 hours per week! This beautiful med spa is in a great location and is centrally located to affluent communities in Los Angeles County. The business operates from a 929 square foot facility, which leases for 2,000 per month. The three treatment rooms are equipped with cutting-edge, top-of-the-line lasers, providing laser hair reduction, complexion correction, skin rejuvenation, wrinkle smoothing, laxity lifts, and dermal infusion (by SilkPeel). The clientele are mostly women, aged 16-70, with the majority being 30-40 years old, multi-ethnic, all English-speaking, educated and certain about what procedures and treatments they want performed. Many opportunities for growth include expanding hours, adding additional services, such as Botox, and permanent makeup, selling other skincare products, and advertising the business. Buyers for the med spa can be an M.D., D.O., or an R.N. or P.A. under the supervision of a medical director. The owners are selling the spa because both have medical practices and do not have the time to devote to the business.
Orange County, California
Salon
$ 149,000
CF : $ 60,000
Dreaming of owning your own exclusive full service salon and spa catering to a sophisticated clientele? Established in 2003, this salon and spa has an enviable location in an affluent center which is adjacent to a country club and high-end hotel! The recently remodeled salon has a lovely and soothing Zen-style de cor, and consists of nine hair stations, three shampoo basins, three hair dryers and dispensary room. There is also a relaxing treatment room to pamper clients with facials, body treatments, and waxing. The salon has four stylists and one aesthetician on a commission basis, one stylist on a rental basis, and a receptionist to help keep the salon running smoothly. The stylists and aesthetician are educated by the Aveda Institute to be on the cutting edge of trends, techniques, and treatment, and specialize in providing a unique, personable salon and skin care experience for their clients. Services include Aveda Sensory Rituals, Aveda Retexturizing System (hair straightening), hair cuts, hair styling, coloring, scalp treatments, facials, waxing, makeup, as well as wedding and special occasion hair styling and makeup. 1/2 1/2 This is a perfect opportunity for a new owner to expand the business even further by hiring more stylists, adding manicure and spa pedicure services, and maximizing their social media presence. 1/2 The current owners would like to sell so that they can pursue another business opportunity closer to their home.
Orange County, California
Coffee House, Upscale Wine Bar
$ 389,000
Coffee House, Upscale Wine Bar With Live Entertainment. The Current Owner Has Transformed This Business From A Coffee House At Day, Into A Classy Upscale Wine Bar Complete With Live Bands 6 Nights A Week. This Is Truly A Place To “Hang Out,” Especially When The Crowds Roll In For The Weekends To Watch The Best Bands Play. Established In 1995, This Orange County Gourmet Coffee House Is The Hub Of Neighborhood Activity From Early Morning Until Late At Night. Located In A High Traffic Mini-Mall With Good Mix Of Stores On An End Cap In A Fine Residential Neighborhood. Managed By The Seller And Averages About 40+ Hrs/Week, This Business Also Employs 11 P/T Wait Staff, Servers And Baristas With Pay Ranging From 8.00 - 10.25/Hr. Seller Is Offering Training (If Needed) For 15 Days Or As Required Up To 30 Days. Current Rent Is 4,700/Month Including Cam And Lease Expires On 04/2009. Landlord Willing To Extend The Lease. This Location Also Comes Fully Furnished, Equipment Included. 389,000 Plus Inventory Of Approximately 18,900 Counted At Closing. This Is A Good Family Business With Good Books & Records. Reason For Sale Is Retirement.
Hayward, California
Auto Repair Shop - In Popular Area
$ 250,000
CF : $ 81,639
This shop has been providing quality full service general auto repair for decades with the community growing all around it. It serves commercial and retail clients. This shop is located on a busy street and very close to a busy bay area highway, creating a steady stream of clients. The shop includes a client database. This is a clean shop with attractive front office and is ready for the next owner to take over the current client list and grow along with this booming SF East Bay community.
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