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Rialto, San Bernardino County, California
Asking Price
$8,250,000
Revenue
Call/Email
Down
30%
Cash Flow
Call/Email
Name: Kevin C Lai
Phone: Show phone number
Name
Kevin C Lai
Phone
Show phone number
Posting ID:
290118
Attributes:
Broker Cooperation
Real Estate Included
SBA Loan Pre-Qualified
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This Upscale Men’s Clothing Store Was Established Over 40 Years Ago, When Its Founder, An Ambitious Young Tailor, Emigrated From Italy. In The Years That Followed, He Built One Of The Finest Men’s Clothing And Custom Tailoring Business In Southern California! The Shop Sells Designer Suits, Sports Coats, Slacks, Sweaters, Ties, Dress Shirts, Outer Wear And Shoes Imported From Italy, Canada, Germany, And France. It Also Sells Top-Quality Casual Wear Such As Tommy Bahama, And Sells And Rents Tuxedos. Approximately 10% Of Sales Comes From Its Custom Tailoring Of Shirts, Slacks, Pants, Casual Clothing And Suits. The Owner And His Very Long-Term Employees Provide Such A High Level Of Customer Service, That The Affluent Clientele Are Not Only From The Southland, But From Out Of State! Even Celebrities Stop In For A Bit Of Custom Tailoring! The Store Has A Very Strong Brand-Name, As Well As An Excellent Reputation For Its High-Quality Clothing And Service, That It Has Very Little Competition. As The Owner Only Works 10-15 Hours Per Week, The Business Is Run Quite Successfully With The Manager, The Owner’s Son, And The Loyal, Long-Term Employees. The Owner Is Selling Due To Retirement And An Illness In The Family. Approximately 750,000 In Inventory Is Not Included In The Sales Price, But Is Available At An Additional Cost.
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We have spectacular whole business ready for you at the best price. $45k for a ready business that has grossed $450,000 in revenue, if seller finance is desired. $39k for whole business cash and/or just for commercial equipment (value $20k). Would consider selling equipment individual. Great Business for younger individual/couple that always wanted to start their own business and grow. I'm ready to move on. Sale of Business Includes: - OPTIONAL: $30k/year fulfillment contract with a major fresh fruit company (so your guaranteed money out the gate without selling 1 item) - Rights to all Intellectual Property. These properties are product that have amassed regular customers over in two different locations. - Lease will only be for 6 more months, but does have early out cancel if desire to move. - Equipment includes: Commercial Grade Juicer 2 Atosa Fridges 1 Atosta Freezer 1 Atosa Deep Freezer 1 Salad Bar Fridge 2 Warming Buffet Stands 2 Commercial Grade Vitamix Blenders and Serving Pitchers 1 4 Slice Toaster Commercial Microwave 3 Tables Current Inventory Shoot me a Text at the number above if interested and we'll set up a meet.
Long Beach, California
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CF : $ 360,000
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CF : $ 38,000
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