Beautiful Upscale Gift and Home Decor Store For Sale

Orange County, CA

Beautiful Upscale Gift and Home Decor Store For Sale

Asking Price:$150,000

Cash Flow:N/A

Gross Revenue:$675,000

EBITDA:N/A

FF&E:N/A

Inventory:$200,000*

Lease Rate/Sq. Ft.:$1.99

Established:2006

*not included in asking price.

Beautiful Upscale Gift and Home Decor Store For Sale

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Business Description

Well established Gift and Home Decor Store in Exclusive Neighborhood

Well established purveyor of gifts and home decor with an unrivaled reputation for sophisticated luxury, the store has been operating in the same location for over 14 years. The business is located in an exceptionally high-income neighborhood shopping center with a major retail grocery store and many small boutiques and specialty restaurants. Parking is plentiful with parking available directly in front of the store. The business retails fine gifts, furniture, jewelry, baby gifts, specialty foods, and seasonal products.

An exceptional staff which is well-trained and provides excellent customer service has helped build the store's solid reputation. The store manager has held this position for over 10 years. The purchase price includes inventory, equipment and website with registry and on-line sales capability.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
11/17/2017
Employees:
3
Facilities:
The business is located in Orange County, California. Tenents include a well-known supermarket as well as boutiques, services and restaurants. The store is approximately 2400 square feet and has been recently remodeled.. Base monthly rent is $4,784 with an additional $900 in CAM charges, insurance and taxes. The lease is valid through November 30, 2017.
Competition:
The business has no direct competition in the area.
Support & Training:
Training from the seller is included in the purchase price upon the close of escrow.

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Business Listed By:
Cristie Filer

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