Retail - Apparel & Accessory Stores | Retail - Miscellaneous Retail

$Seller Financing Available

Asking Price	$325,000	Inventory	$221,000*
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	1998
FF&E	included*	Employees	4

* included in the asking price

** not included in the asking price

Ready For A Lifestyle Change? Low Stress, Clean Air

PROFIT IS UP! The lingerie business thrives! Women continue to buy undergarments! Retire on the beautiful, stressfree Mendocino Coast! Understuff! is the premier intimate apparel destination of Northern California. Sitting in the heart of historic Fort Bragg, California, this 12 year old business is turnkey. Specializing in undergarments and sleepwear from t'weens to queens, Understuff! has an excellent reputation for both its customer service and inventory selection. Quality merchandise,supplys and displays. NO COMPETITION! (the closest mall is 1 1/2 hours away)- 2000 sq.ft. Assumable Long Term Lease-Rear Parking- Recently Remodeled - Custom Fixtures -Quickbooks POS- Customer Data Base - Website- Excellent Reputation- Owner Will Train. Extensive Inventory Includes: Bras (over 165 styles), Panties, Sleepwear, Shapewear, Robes, Camisoles, Hosiery, Slips, Accessories. Brand Names include: Felina, Wacoal, Jezebel, Vanity Fair, Elita, Lunaire, DKNY, Calvin Klien, Spanx, Cuddlduds, Vera Wang, Carole Hochman, Oscar de la Renta, Hanky Panky, Honeydew, Mary Green, Natori, Goddess, Mary Green, Arianne and more! All financial questions from legitimate and qualified buyers will be answered with total confidentiality required. Please feel free to contact Denise Parrott at this web address for any further information.

Facilities: 2000 sf. Assumable Long Term Lease $1100 a Month. Computer POS System, Custom Display Fixtures Throughout, New Remodel, All Office, Gift Wrap, and Store Supplys. 2 Sets of Custom Signage. Extensive Vendor and Customer Lists. Rear Parking For Employees, Historic Downtown Location, Beautiful, Feminine Store! Turnkey.

Competition: There are no malls or chain stores in Fort Bragg or on the Mendocino Coast. The closest place to buy a bra is 1 1/2 hours away. We have a strong customer base who regularly come from Eureka, the Wine Country and San Francisco Bay Area to shop. We have an excellent selection of merchandise, allowing for customer satisfaction and repeat business. The website draws business continually. Even during the great Depression, lingerie business was good.

Growth/Expansion: Website has potential for expansion. A branch store would work well. The deep inventory position is set up to support strong basic lines with good reorder ability.

Seller Financing Available: Yes

Financing: Will consider an equity exchange of rental property. Owner may finance.

Support/Training: Owner will assist in training the new owner, as needed, in inventory management, bookeeping, sales and bra fitting. Additionally, included will be one buying trip to New York City or Las Vegas to acquaint the buyer with the markets and vendors.

Reason Selling: Owner is looking to retire.