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South San Diego County

  • Listing No.: 106-15334

  • Category: Retail

Asking Price $99,000
Down Payment $99,000
Gross Revenue $214,141
Total Adjusted Net Income $56,157
Equipment/Fixtures $15,000
Year Established 2002
General Location South San Diego County
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Established business in a downtown location with street corner visibility. Store specializes in Quinceanera, Bridal, and Sweet 16 Fashions. Many dresses are ordered months in advance in preparation for the big day. The location is near several large event halls, making it a convenient stop for customers planning an event. Perfect buyer for the business would have a passion for fashion and design, with sales and management skills and expertise. $60,000 worth of dress inventory is included in the sale. The store boasts superior inventory and a great reputation in the community. Fully developed website is also included. Owner is willing to stay on and train new buyer for 1 month.

Gross Revenue $214,141 Listed Price $99,000
Total Income $56,157 Down Payment $99,000
Base Rent $0 Square Feet 2400
Total Rent $3,787 Lease Expiration 4/2019
Rent Deposit $0 Lease Options
Inventory $60,000 Leasehold Improvements
Equipment/ Fixtures $15,000 Other Assets
Full-Time Employees 0 Training Period 1 Month
Part-Time Employees 1 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.