Growing Business

Lake County, OH

Seller Financing Available
California Imports Too
Contact Seller

Asking Price: Get Financing: $200,000

Cash Flow: $31,696

Gross Revenue: $180,000

EBITDA: $31,373

FF&E: $5,000

Inventory: $112,183

Lease Rate: $22,025 /Year

Established: 1983

Growing Business

Get Financing Save Print Share Valuation Report

Business Description

Resort Wear, Swimwear & Tanning

California Imports Too is a specialty clothing store focused on swimwear, resort wear, indoor tanning and hand airbrush spray tanning all the while providing a personalized fitting service for all clients. The company is operated as an LLC and has had growing sales since its purchase in December of 2014. The company operates in a leased store front in Painesville Township on the border of Mentor, Ohio. It is located on the main thoroughfare of Route 20, 1935 Mentor Ave.

Attached Documents

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,400
Lease Expiration:
12/31/2019
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The leased space consists of 4400 sq. feet which holds 8 indoor tanning bed units, a separate area for performing hand airbrush spray tans, a specialized fitting room that will allow 5 persons to be fitted at once and retail space for merchandise approximately 2500 sq. feet.
Competition:
Swimwear bought online and major department stores are usually a ‘bad fit’ leading to buyer dissatisfaction. California Imports Too specializes in the proper fit and most clients are so pleased that they keep their old suits for casual, private use while wearing California Imports Too suits for “public”, visible occasions. Marketing, branding and public image is geared to address the fit and function of the everyday Midwestern person. Our staff is trained to prevent this from occurring when possible.
Growth & Expansion:
The average median income of Lake and Geauga counties ties regularly with the top three in the state. The average median income of clients is above average and they have the income to spend on a high-quality piece. California Imports Too will continue to grow sales with increasing the men and children lines available along with footwear and possible active wear. These expanded lines alone will generate more sales and revenue for the company.
Support & Training:
California Imports Too is currently in one location with an in-house operating manager and multiple fit-specialist trained staff. The operating manager has over 15 years of high end retail experience and loves what she does at California Imports Too; she is a vital asset to ensure productivity, proper training and high sales volume.
Reason for Selling:
Personal time constraints
Business Website:
http://www.caliimportstoo.com/
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Larry Lamphier

Show Phone Number

Listing Statistics for Premium Members

Ad#:1511540 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


PostNet

Franchise Opportunity
Capital Required: $167,767