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Profitable Women's Retail Clothing-with $50k Down IN Orange County For Sale

Orange County, California - South, US
Asking Price:
$575,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$642,625
Cash Flow:
$182,450

Profitable turnkey retail women's clothing store for sale in the upscale area of Orange County. Situated strategically, the store benefits from its proximity to local tourist destinations, attracting approximately 300,000 visitors to the area annually. Operating successfully since 2016 and is equipped for online sales through Square.

The buyer may also have the option to take over the existing $520,000 EIDL loan at 3.75% with monthly payment of $2,492/month. Only need $50-75K liquid cash to purchase this business. Requires good credit to assume loan.

The business has three dedicated employees in addition to the owner. The business has a competent and passionate manager, who has successfully handled various responsibilities while the owner has started stepping away from the business. The owner is planning to retire and prioritize time with their grandchild.

Property Information

Real Estate:

Lease

Lease Terms:

Base rent: $3,501.46 CAM: $1,389.21 Total:$4,890.67 Expiration: April 14, 2027; options TBD

Location:

Situated strategically in Orange County, the store benefits from its proximity to nearby attractions and restaurants.

Premises Details:

The FF&E equal $35,000 and there are also Leasehold Improvements that equal $20,000. This along with $75,000 of inventory at cost equals a total of $130,000 all included in the Asking Price.

Size in square feet:
1,049

Business Operation

Expansion Potential:

The store used Square, and it has been underutilized. It presents a growth opportunity for a buyer to capitalize on the established online infrastructure.

The business actively engages in marketing through Instagram, leveraging social media to enhance its brand presence. With the right owner dedicated to in-store operations and online marketing, there is immense potential to further elevate the store's success.

Reasons for selling:

Retiring

Trading hours:

7 days 10:30 am to 6:30 pm

Employees:
3
Years established:
Since 2016

Other Information

Support & training:

Seller will provide two weeks of training at 20 hours per week

Financing available:

The buyer may also have the option to take over the existing EIDL loan. It is possible to take over the $520,000 EIDL 30-year loan 3.75% with monthly payment of $2,492/month.

Furniture / Fixtures value:
$35,000 - included in the asking price
Inventory / Stock value:
$75,000 - included in the asking price