PRICE REDUCED $5,000 FOR HOME DECOR AND GIFT BOUTIQUE-$74,000 CASH FLO

San Diego County, CA

PRICE REDUCED $5,000 FOR HOME DECOR AND GIFT BOUTIQUE-$74,000 CASH FLO
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Asking Price: Get Financing: $133,000

Cash Flow: $74,000

Gross Revenue: $229,000

EBITDA: N/A

FF&E: N/A

Inventory: $30,000*

Lease Rate: $3,495 /Month

Established: 2011

*not included in asking price.

PRICE REDUCED $5,000 FOR HOME DECOR AND GIFT BOUTIQUE-$74,000 CASH FLO

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Business Description

Located in North County San Diego, this well-established home décor and gift store offers a wide selection of specialty home décor and furniture . Inside you will find a loft-style boutique that embraces rustic charm while adding a modern twist of fixtures that offers a nice flow for customers to shop. The owner provides a warm welcome and assists customers in a relaxed atmosphere. As part of their services, the owner offers customers in-home design services. Surrounded by a collection of complimentary retail stores and restaurants in a highly desirable location, the store attracts lots of walk-in visitors and creates a fantastic shopping experience for the shoppers on holidays and year-round. The business website offers online shopping with a fine collection of furniture, accessories and area rugs for all rooms within the home. Items can be purchased using the shopping cart for convenience or they can order through the store. All major credit cards are accepted. They rely upon walk-in shoppers, repeat and word-of-mouth for their sales without the benefit of utilizing any advertising. However, this provides a great opportunity for further growth for the new owner to put in place a marketing plan. This successful store with name recognition in this local community is an outstanding turnkey operation and will be an excellent buy for an owner-operator who continues to commit to its business model and advertise as well as use social media to target more shoppers beyond a strong customer base that is already well-established. The store’s gross revenues over the past three years has been steadily increasing and are projected to continue to grow due to at this strategic location. The seller will provide three weeks of training and knowledge transfer to the buyer when a purchase has been completed. The inventory is not included in the list price.

DISCLAIMER: The information contained in this advertisement was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability. For more information call Sunbelt, 760-931-9530 or email: info@omegabusinessadvisors.com, we will need for you to sign our NDA and Buyer Profile prior to releasing any data on a listing.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,050
Lease Expiration:
5/31/2019
Employees:
1
Facilities:
Highly visible, in a popular shopping area.
Competition:
No competition per se within the area.
Growth & Expansion:
Room for growth.
Support & Training:
Seller will train 4 weeks.
Reason for Selling:
Family Reasons.
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(from currently available funds)
 
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Chip Alstrin

Business Listed By:
Chip Alstrin

Sunbelt Business of San Diego

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Sponsoring Broker:
Hal A. Janke, Pres., CBI, CBB,FIBBA

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