Business for Sale

Women's Shoes and Accessories-Beach City-Stable Revenue

BizEx35-ML

Background

General Location:Los Angeles Beach City, CA
Category: Apparel & Accessory Stores
Years in Business:13
Under Present Owner:13
Hours of Operation:Monday-Sunday 10-8 (varies seasonally)
Owner Hours:
Training:4 weeks @ 30 hours
Organization Type:
Lease Expiration:Flexible
Lease Options:
Building Size:0
Employees:0
Reason for Sale:Relocation for chronic health condition

Financials

Asking Price:$175,000
Down Payment:Negotiable
Gross Sales:$369,014
Discretionary Cash Flow:$120,000
FF&E:$10,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$4,000
Financing:Call

Description

Business for Sale is a highly profitable Women's Shoes and Accessories Retail business with high margins, a high inventory turnover (on average inventory turns every 3-4 weeks), and is located in the heart of a vibrant Los Angeles beach community. This successful business has a unique business model which allows it to perform well in both good markets and in recessionary ones as evidenced by its consistent sales performance for 2008, 2009, 2010, 2011, and 2012. The business sells primarily shoes and clothing accessories that are fun and fashionable and retail at a lower price point, which appeals to women who can't stop shopping for stylish apparel even in tough economic times.

This is an excellent opportunity for someone looking for a strong, healthy, and profitable retail business geared toward women. The ideal buyer for this business should be fashion conscious and have a passion for shoes and accessories. The business is situated in a retail and tourist destination. For more detailed information and specifics related to this exciting business opportunity, please register as a buyer at bizex.net and call Miles Logothetis at 310-882-2200 ext.105.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Miles M. Logothetis
Business Broker
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 105
Direct: (310) 919-7477
Lic#: 01406738