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Modesto, Stanislaus County, California
Name: Nirvail Singh
Phone: Show phone number
Name
Nirvail Singh
Phone
Show phone number
Posting ID:
288665
Attributes:
Real Estate Included
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Orange County, California
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Baby’s Born Every Day! This Baby And Kids Retail Furniture And Accessories Store Has It All! Established In March 2003, This Upscale Store Is Centrally Located In Orange County Just Off The Freeway In A Retail Oriented, High Traffic Shopping Area. Because They Specialize In A Higher Quality Niche Market, They Can Effectively Compete With Big-Box Retailers In Selection And Service. The Seller Has Effectively Marketed And Grown The Business To A High Level In Only Eight Years And Ranks As One Of The Top Baby & Kids Store In California. As A Member Of A Major Buying Group, The Store Earns The Most Competitive Wholesale Pricing. Product Range Includes: Cribs, Dressers, Changing Tables, Bassinets, Child Safety Products, Bedding, Strollers, Toys, Accessories, Nursery, Car Seats, Twin & Bunk Beds, Youth Furniture And Many More Cute Items. The Leased Space Is Approximately 12,000 Square Feet And Rent Is Currently 15,057 Including Monthly Cam Charges. The Current Lease Term Expires January 31, 2013 But There Is A Five Year Option To 2018. Approximate Inventory To Be Counted At Closing Is About 300,000 Plus 65,000 In Sold Special Order Merchandise. The Company Employs 4 Including Three Full-Time (Assistant Manager, 2 Sales And 1 Warehouse/Stock) And 1 Part-Time (Salesperson). Seller Works Full-Time And Averages 50 Hours/Week. Good Upside Potential For Owner With Capable Financial And Operational Abilities Because The Advertising, Website And Promotional Calendar Is In Place. Principals Only Please.
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