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Central San Diego

  • Listing No.: 106-15547

  • Category: Retail, Service

Asking Price $399,000.00
Down Payment
Gross Revenue $547,375.00
Total Adjusted Net Income $114,870.00
Equipment / Fixtures $335,984.00
Year Established 1997
General Location Central San Diego
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Perfectly located near the intersection of 2 interstate freeways in Central San Diego, this well-established, profitable retailer carries a wide variety of beautiful wedding gowns, bridesmaid dresses and flower girl dresses for sale. It also offers a large selection of tuxedos and men's formal wear for rental or purchase. The thriving alterations department offers a third revenue stream to round out this amazing opportunity! The business is SBA pre-approved and has complete financials that validate business performance. The lease, expiring in 2021, includes an additional 3 year option to extend. Seller is relocating out of state and wants to place this amazing opportunity in the hands of the right buyer. Call Todd at 415-846-7267 for Confidentiality Agreement.

Gross Revenue $547,375.00 Listed Price $399,000.00
Total Income $114,870.00 Down Payment
Base Rent $4,389.00 Square Feet 2475
Total Rent $6,325.00 Lease Expiration 2/2021
Rent Deposit $5,962.00 Lease Options 1, 3 year option
Inventory $30,529.00 Leasehold Improvements
Equipment / Fixtures $335,984.00 Other Assets
Full-Time Employees 1 Training Period 30 Days
Part-Time Employees 6 Special License Required
Contract Staff Reason for Selling Relocation to Mexico, children now in college.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.