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Central San Diego

  • Listing No.: 106-15263

  • Category: Retail

Asking Price $199,000
Down Payment $199,000
Gross Revenue $431,451
Total Adjusted Net Income $118,782
Equipment/Fixtures $5,000
Year Established 2007
General Location Central San Diego
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image-for-Shawn Ko
Contact Details:

This unique retail store carries fine high-quality furniture, lighting, home accessories and a superb selection of artsy smalls to draw in an assortment of clientele. Great inland San Diego County location with lots of foot traffic that's surrounded by many new and up and coming restaurants and shops! Owner has successfully been in business for almost 12 years with a loyal customer base and an excellent reputation. Now she is ready to start a new chapter of her life called Retirement! With her disciplined use of QuickBooks, bookkeeping is clean and up to date showing all expenses and profits. Business is prequalified for SBA lending and verifiable financials. Willing to train new owner for a smooth transition.

Gross Revenue $431,451 Listed Price $199,000
Total Income $118,782 Down Payment $199,000
Base Rent $0 Square Feet 2100
Total Rent $3,500 Lease Expiration 6/2020
Rent Deposit $2,835 Lease Options
Inventory Not Included Leasehold Improvements $5,000
Equipment/ Fixtures $5,000 Other Assets
Full-Time Employees 1 Training Period 2 weeks
Part-Time Employees 0 Special License Required
Contract Staff 0 Reason for Selling Retirement

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.