LA Antique Store, $2.5m Inventory Value, buy $375k

Los Angeles, CA (Los Angeles County)

LA Antique Store, $2.5m Inventory Value, buy $375k
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Asking Price: $375,000

Cash Flow: $150,000

Gross Revenue: $500,000

EBITDA: $150,000

FF&E: $10,000

Inventory: $800,000*

Established: 1995

*not included in asking price.

LA Antique Store, $2.5m Inventory Value, buy $375k

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Business Description

Antique Store in a Premium, Busy LA Location - Many Celebrity Clientele - Great Cash Business

Excellent Deal - $2,500,000 in inventory value; buy the business for $375,000

Since 1995, this well-known and established antique store has been the go-to place in Los Angeles for vintage, classic and unique pieces. They cater not only to the area's high wealth clients, but to numerous celebrities. The store is on a very busy and prime LA street with 2 stories of showroom.

They have an extensive collection of antique furniture from the 18th through the 20th century which includes Art Nouveau, Art Deco, Mid Century, Spanish, Italian Renaissance, Mediterranean and more.They have one of, if not the largest selection of antique sconces and chandeliers in the USA and possibly the World.

A buyer could take over the business or just purchase the inventory.

Training Included - the founder and owner of the business will assist a buyer with training in relation to antiques and dealing with customers.

Contact me for more information: Eric Mellem, M & A Advisor at (310) 293-6414 or emellem@bizex.net. Please complete the "Buyer Registration" including a Non-Disclosure Agreement on-line at www.bizex.net.

Detailed Information

Inventory:
Not included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will train
Reason for Selling:
Other Opportunities
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