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Finance Service
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Long Beach, California
Italian Restaurant- Near Beach, Patio, Solid Lease
$ 149,000
This restaurant is doing a better net income than before the pandemic due to larger patio area and shorter hours. It's on a projection of over $100,000 net this year. Only open 5 days a week with 4-9PM hours Great location near beach
Newport Beach, California
Childrens Boutique
$ 54,000
CF : $ 54,000
You do not want to miss out on this delightful children's boutique! This specialty boutique carries exclusive lines and special occasion apparel for girls, boys, toddlers and infants. It also has a great location on a busy retail street in Newport Beach where there is constant foot traffic from the locals and tourists! Loyal local clientele and tourists enjoy shopping for the latest children's fashions in this upscale boutique which carries exclusive lines of clothing for girls up to size 12, and boys up to size 6. The shop is well-known for carrying special occasion apparel for flower girls, portraits, Christenings, and first communions. The boutique also sells adorable clothing and shoes for toddlers and infants, beachwear, accessories, tutus, baby shower gifts and more! The store operates from a 1,200 square foot facility that leases for 4,000 per month, which isn't bad for this premiere location! The boutique currently employs 1 full-time manager and 2 part-time sales people. A new owner would benefit from the boutique's excellent reputation. Opportunities to build on the success include increasing the hours the store is open, expanding the assortment of accessories and gifts, selling small toys, as well as further developing the website. The owner is selling the business because her commute is too long, and she would like to spend more time with her family. Approximately 40,000 in inventory is offered in addition to the sales price.
Belmont Shore, California
Popular Womens Boutique Shop
$ 48,000
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.
Los Angeles County, California
Mexican Fast Casual Restaurant Chain
$ 400,000
Mexican fast casual with beer/wine. 2 restaurants long established with same owner. Great locations in the the South Bay area of Los Angeles. Excellent quality Mexican food. Owner only overviews operation. All recipes and name remain. Concept is ready for expansion. Long time staff in place. Very popular sauces and are marketed. Lots of catering
Santa Clara County, California
Flooring Retailer - Asset Sale
$ 150,000
This is an asset sale. In this location for decades, this flooring retailer has repeat business from all around Santa Clara, San Mateo and Santa Cruz counties. This shop is ready for the next owner to continue to leverage its reputation and expand into new products and markets, or the location can be converted to another business. A convenient retail space with a large showroom, warehouse, and office space. Combine those features with plenty of parking to make this location unique. The owner needs to sell due to recent health problems and staff departures. They are willing to thoroughly train the new owner, and potentially stay with the firm as an employee as long as their health will allow it.
Vacaville, California
CPA Tax Firm
$ 100,000
CF : $ 60,000
Well established CPA firm located on main thoroughfare into downtown area with great signage to attract attention during tax season. This practice boasts an average 150 clients requiring individual and business tax returns. One client makes up for >10% of revenue and requires a licensed CPA to maintain relationship. Owner is looking to retire but is willing to remain on for a while and has indicated interest in consulting for new owner if required during the next tax season. Facilities: Current lease is in shared space; 3 years remaining; landlord is flexible and easy to work with Competition: Current practice is located on main thoroughfare through town; great signage; walk in traffic is the norm Growth/Expansion: Plenty of opportunities to expand business with marketing and referral network Financing: Negotiable Support/Training: Current CPA is willing to stay on board even during the next tax season as a consultant if needed Reason Selling: Retirement
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