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Orange County, California
Asking Price
$350,000
Revenue
$340,872
Down
$285,000
Cash Flow
$34,246
Name: Lani Berneking
Phone: Show phone number
Name
Lani Berneking
Phone
Show phone number
Posting ID:
288047
Attributes:
Absentee Run
Broker Cooperation
Relocatable
Training And Support
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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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CF : $ 61,000
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Los Angeles County, California
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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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Restaurant - Asset Sale
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Turnkey - Patio - Lounge Feel - Prime Location - rare beer & Wine till 1AM. Pizza Oven - Central bar in space. Bring your own concept! Seller motivated. Plenty of Parking Approx 1,700 s.f + 350 S.F patio + 300 S.F separate storage area. Space next door will be vacant soon (approx. 1,900), can be added landlord will consider new lease for a qualified tenant RENT about $9,000 all inclusive + $375 water
California
Finance Service
Call/Email
No Money Down financing strategy by 65% LTV and 45% seller carry, 10% overage goes toward closing cost and points. WOW!!! Join our team to become a Private Money Lender. You can earn 20% of the points on loan amount. A 1 million deal earns you 4,000. That is 80,000 when you generate 20 transactions per year!!! Incredibly low start up cost. Visit PMB.PrivateMoneyBanks.com.
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