This is a 100% RARE opportunity to acquire a turnkey, legacy, Iconic, Highly Profitable Adult Apparel & Variety Business. The Business is fully staffed with experienced and knowledgeable employees. The Business can Semi Absentee and Remote Owner operated. The Business is in highly visible area of Los Angeles with tons of foot traffic & media coverage. The Business has one-of-a-kind brand recognition, has no direct competition, and dominates its market segment. The Business highly profitable with an average markup of 65%. Included in the sale is approximately $20K in FF&E, $15K in supplies, and $20K in leasehold improvements, Inventory is to be sold separately and typically averages about $200K. This Business has lots of upside, is primed for growth and is the perfect opportunity for a business savvy entrepreneur to take it to the next level. Contact us today!
- Asking Price:
- $1,250,000 Furniture / Fixtures included
- Sales Revenue:
- $1,600,000
- Cash Flow:
- $434,997
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$15,500 per annum
Business Operation
- Reasons for selling:
-
Seller is selling to semi-retire.
- Trading hours:
-
10:00am - 12:00am, Monday - Sunday
- Employees:
- 9 FT / 1 PT
- Years established:
- 15
Other Information
- Support & training:
-
2 weeks
- Financing available:
-
Seller will consider all offers.
- Furniture / Fixtures value:
- $20,000 - included in the asking price
