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19 years in Business! Men's Retail Store.
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Selling Stores presents this great opportunity with solid tax returns and proven history of selling men’s retail clothing since 1989. This business is very strong with the last three years owner's reporting net profit consistently averaging between $84,000-$90,000. Dickies are a primary brand this store specializes in selling. You are not limited to just selling the same brands as the existing owner. The owner purchases much of the products from his contacts within the L.A. garment district. The location draws a steady flow of customers throughout the week, especially on weekends. This is a very simple operation for a working owner with their spouse or a single employee. Overhead is very low with an incredible monthly licensing fee at $1,122 which includes CAM, Insurance, and ALL utilities except telephone. If you are experienced in men’s retail or not, it doesn’t matter because the seller will provide training and introductions to his L.A. garment district contacts to ensure a smooth transition at no additional cost to you. All furniture and equipment is included in the purchase price. Visit this store today. With these kind of consistent sales and 19 years in business it will go fast!
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General Information
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| Listing Status: |
Available |
| Price: |
$40,000 |
| Location: |
Orange County |
| Last Year's Annual Gross: |
$331,355 |
| Last Year's Adjusted Net: |
$90,082 |
| Lease Information: |
monthly licensing agreement |
| Base Monthly Rent: |
$1,122 |
| Indoor Seating: |
0 |
| Outdoor Seating: |
0 |
| # of Part-Time Employees: |
0 |
| # of Full-Time Employees: |
0 |
| Hours Open: |
Monday,Wednesday-Friday: 10am-7pm
Saturday-Sunday: 10am-6pm
Closed Tuesdays |
| Year Established: |
1989 |
| Sqft: |
1200 |
| Hood System: |
No |
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Highlights
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- Consistently Profitable
- 19 Years In Business Under Same Ownership
- L.A. Garment Contacts for Great Deals
- Very Easy to Run with Working Owner + (1) family member or employee
- High foot traffic in center during weekends
- Price does not include inventory of approximately $110,000
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. Paramount Store Brokers, Inc. has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.
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