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Los Angeles, Los Angeles County, California
Asking Price
$399,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Jason Atty
Phone: Show phone number
Name
Jason Atty
Phone
Show phone number
Posting ID:
290904
Attributes:
Owner/Seller Financing
Relocatable
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Mexican – Latino Market Plus 47 Liquor License In Orange County. The Store Has A Full 47 Liquor License Which Permits Off-Sale Liquor, Beer And Wine. In An Excellent Location And Established Over 20 Years Ago, This 7,000 Square Foot Market Serves A Growing Latino Community In East Orange County. Stocking A Complete Line Including Household Products, Groceries, Meat Market And Produce, They Also Have A Small Kitchen On-Site For Take-Out Menudo On The Weekends. They Are The Oldest And Largest Market Serving This Area. Rent Is Sub-Market At 4,000 Per Month With 8 Years Remaining On The Lease Plus There Is A 10 Year Option To Renew. Open 7 Days Business Has Good Books And Records. No Seller Financing Available As Seller Is Retiring. Sales Average 100,000 To 105,000 Per Month With Sellers Net Averaging 25,000 To 30,000 Per Month And Inventory Averages 70,000 To 80.000. Besides The Owner, There Is One Full-Time Employee And 5 Part-Time. Payroll Averages 5,000/Month For Employees. Listing Price: 650,000 Plus Inventory.
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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.
Clark County, Washington
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Continuing Growth Opportunity - Great Revenue & Cash Flow With a higher percentage of the population aging 60+ years of age and older, this has created a continually growing need for adult family care homes. As seen with consistently growing revenue and cash flows, this adult family care home has capitalized on the need for these care services with their residents are primarily those with ventilator and skilled nursing needs. With lowered expenses and a guaranteed 8% revenue growth due to the Medicaid rate going up in 2025, growth looks poised to continue for this business this year. 2 Licenses/contracts are needed outside of a general business license. The first is an AFH (Adult Family Home) license. To be able to run this AFH either a CNA, nursing license (LPN/RN), nurse practitioner, or a physician license will be needed. If CNA, 1,000+ hours are needed. Second is a PDN (Private Duty Nurse) contract. If the new owner has a CNA license they will need to contract with a nurse to have the Private duty nursing contract (PDN contract) be in the nurse’s name. There are Ventilator care adult family homes in Vancouver that are owned and operated by a CNA. The home is included in the sale price and is in excellent shape. Property is valued at $800,000.Ad#:2345796 Location: Clark County, WA Inventory: Included in asking price Real Estate: Owned; Included in asking price Building SF: 3,800 Employees: 16 Financing: SBA or Third Party Financing available for a qualified buyer Support & Training: Seller will negotiate a transition period Reason for Selling: Starting a different type business
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$ 690,000
CF : $ 513,245
This custom cabinet manufacturing company has been in business for over 30 years and is family owned and operated. They focus on the higher end of the market at competitive prices. This company manufactures other products in addition to cabinets including mantels, wine rooms, home libraries, closet systems, and garage systems. The majority of their work is for remodeling projects, although they do some new build work. - High-quality cabinets at competitive prices - Experienced and skilled employees with long tenure - Opportunities to increase profits through technology - Finishes their products in-house or on-site Employees: 25 Employees Financing: Seller will consider some financing for a qualified buyer Support & Training: Seller will negotiate a transition period
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CF : $ 72,000
Great Location, Location, Location! Cozy family restaurant serving breakfast, lunch, diner, take out and delivery. Very well located in very popular shopping center with great city projects across the street like 60 condominiums to be billed. This is one of the most real delicious Mexican food in Downey with fast growing of sales! With and plenty of free parking. Opened only for 11 months and already profitable substantially month to month and very promising growth.
Los Angeles County, California
Operating Bakery - Semi Absentee Owner
$ 179,000
The semi-absentee owner manages the operations - schedules and organizes purchases, pays invoices, etc., but semi absentee owner does NOT bake/cook in the bakery. The bakery is run by long time employees (some employees are working with this seller as long as 16 years, some 12 years, etc). The infrastructure is in place to add your experience, your products. The purchase price of this asset sale includes the FFE, the farmers' markets spaces, the leasehold improvements, the goodwill (wholesale business), the recipes, the infrastructure meaning the long-term experienced staff members running the current bakery and operations (all staff members want to stay after the change of ownership), $3,000 of food inventory supplies at cost, the van used to go to the farmers markets and used for deliveries, all the transferable permits, the name of the business, and much more. Tremendous opportunity for an experienced owner operator who can bring this bakery to the next level of growth, such as: add your line of products to the current line, open the coffee shop with regular and longer hours, add online deliveries (Postmates, Grubhub, Uber, etc) to this upscale & trendy neighborhood, create/develop social media (none at the moment), add products to the line at the coffee shop, also to the wholesale accounts and to the Farmers' Markets offerings. Increase the number of wholesale accounts and/or increase the amount of farmers' markets, etc. Fantastic location. Trendy, very walkable with cute shops, small restaurants, cool bars, parks. Mar Vista is at the heart of Venice/Silicon Beach (NE), vibrant Santa Monica (SW) & urban Culver City (SE). Demographics are young professionals median age of 35, safe and family oriented area, Millennials (spenders!) , Silicon Beach is less than 2 miles away, Kaiser hospital and medical offices less than 0.4 mi, 150 high-end apartments/condos with luxury amenities in construction 2 short blocks away, and new mixed used center being built next block, and dance studio that brings people all day long next door. Location very well positioned in current gentrification of Mar Vista. Many City developments. Call agent for details.
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