$300k Inventory Included Costume Shop Close B4 Halloween For Max ROI!

Pasadena, CA (Los Angeles County)

Seller Financing Available
$300k Inventory Included Costume Shop Close B4 Halloween For Max ROI!

Asking Price:$175,000

Cash Flow:$60,160

Gross Revenue:$214,904

EBITDA:N/A

FF&E:$20,000

Inventory:$300,000

Rate/Sq. Ft.:$1.75

Established:1998

$300k Inventory Included Costume Shop Close B4 Halloween For Max ROI!

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Business Description

$300k Inventory Included Costume Shop Close B4 Halloween For Max ROI!

Please dial Extension 649 if you decide to call us at (800) 985-4939 so you are routed properly! Thanks!!

Owner operator opportunity with significant upside for a passionate person within the costume / fashion / apparel industry! 80% Rental income, 20% Retail income, so this is a steady business with repeat clients that take the inventory out for whatever fun function they have and then come back for more when the next occasion pops up! Over 10,000 costumes that are rental quality, with 75% custom made. Has a renaissance room, princess room, Victorian, international get ups, prior Owner before the current Seller was heavy into the theater so a large pool of customers from surrounding venues and schools get their costumes here to balance out the revenues year round. NDA is required for business address and first round due diligence package on file with Ace Business Brokers.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,800
Lease Expiration:
5/30/2018
Employees:
2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,800 square feet jam packed (but clean/orderly) shop in trendy Pasadena.
Competition:
Obviously pop up stores come and go, but this facility can be purchased prior to the busiest season, and plus back to school events for theater are just around the corner for Fall and Spring!
Growth & Expansion:
Not very active online, that is a channel with significant upside to offload some of the excess inventory included with the purchase.
Financing:
$100k Down, $75k Financed - $1,500k / Month for 50 Months!!
Support & Training:
As needed.
Reason for Selling:
Other business interests.

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Rick Carlson

Business Listed By:
Rick Carlson

Ace Business Brokers

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