Famous Clothing Store in Santa Monica

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February 03, 2012 by Shelli Margolin

New BizEx Business For Sale: Famous Clothing Store in Santa Monica

Shelli Margolin just launched a new listing: https://www.bizex.net/listing/458

Famous Clothing Store in Santa Monica Asking: $295,950 * Gross: $292,327 * Net: $91,950

Well known and successful trendy clothing store on Main St. in Santa Monica. Excellent location with a solid customer base and an industry expert willing to train the right buyer.

Characteristics: - High foot traffic in hip tourist zone - Well known for trendy fashions at reasonable prices - Almost 25 years in business - Still profitable in bad economy - 35% COGS - Base inventory turns over 3x/yr - Low labor costs - Reasonable lease rate - Lovely interiors/build-out - $50,000 in inventory - Takeover fashion-insider supply chain

Opportunity: - Marketing! - seller does very-very little marketing - Internet sales - seller doesn't do any on-line sales - Seller has a multimillion dollar clothing manufacturing and merchandising background. Seller is willing to give extensive training to assure the success and reputation of the store.

Interested parties please register at www.bizex.net or contact Shelli Margolin at 310 882-2200 ext 128.

Shelli Margolin Email: smargolin@bizex.net Office: (310) 882-2200 ext 128 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/shelli-margolin

BizEx.net | Lic# 01484102 | 4551 Glencoe Ave., Suite 210, Marina del Rey, CA 90292 | Phone: (310) 882-2200 | Toll-Free: (888) 60-BIZEX | Fax: (310) 882-2201 | Web: www.BizEx.net

Businesses for Sale

Broker Information

Shelli Margolin

4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 128
Direct: 310-882-2200 x128
Lic#: 00902695

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations