Business for Sale

Womens Apparel Store

BizEx927-AW

Background

General Location:Oak Park, CA
Category: Apparel & Accessory Stores
Years in Business:25
Under Present Owner:25
Hours of Operation:m-sat
Owner Hours:1030 to 630
Training:1 weeks @ 40 hours
Organization Type:
Lease Expiration:new lease
Lease Options:
Building Size:2600
Employees:0
Reason for Sale:retirement

Financials

Asking Price:$110,000
Down Payment:Negotiable
Gross Sales:$230,000
Discretionary Cash Flow:$80,000
FF&E:$30,000
Inventory Included?
Inventory:$70,000
Min. Operating Capital:
Real Estate Available?No
Rent:$5,000
Payroll:$6,000
Financing:Call

Description

This business is being sold for inventory and fixtures.

Hurry. Established 25 years and caters to the Middle Age Womens Market. Only store of this kind in Oak Park high net worth area and the seller get a markup of 3 times cost. Owners has owned stores in Beverly Hills , Torrance and Orange County. Great cash business. Brands carried include Love Stitch, Tea Party, and ENT1.
Seller says that her sales are increasing. Seller wants business sold now

Don't walk Run


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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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Art Warschaw
Business Broker
4551 Glencoe Ave., #210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 138
Direct: (818) 378-9074
Lic#: 00617649