Selling Stores presents this great opportunity with solid tax returns and proven history of selling men�s retail clothing since 1989. This business is very strong with the last three years owner's reporting net profit consistently averaging between $84,000-$90,000. Dickies are a primary brand this store specializes in selling. You are not limited to just selling the same brands as the existing owner. The owner purchases much of the products from his contacts within the L.A. garment district. The location draws a steady flow of customers throughout the week, especially on weekends. This is a very simple operation for a working owner with their spouse or a single employee. Overhead is very low with an incredible monthly licensing fee at $1,122 which includes CAM, Insurance, and ALL utilities except telephone. If you are experienced in men�s retail or not, it doesn�t matter because the seller will provide training and introductions to his L.A. garment district contacts to ensure a smooth transition at no additional cost to you. All furniture and equipment is included in the purchase price. Visit this store today. With these kind of consistent sales and 19 years in business it will go fast!
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Management Mel Jones
Lease
Lease Term:
monthly licensing agreement
Total Monthly Rent:
$1,122
Financials
Last Year's Annual Gross:
$331,355
Last Year's Owner's Cash Flow:
$90,082
Operations
Hours Open:
Monday,Wednesday-Friday: 10am-7pm
Saturday-Sunday: 10am-6pm
Closed Tuesdays
Highlights
- Consistently Profitable
- 19 Years In Business Under Same Ownership
- L.A. Garment Contacts for Great Deals
- Very Easy to Run with Working Owner + (1) family member or employee
- High foot traffic in center during weekends
- Price does not include inventory of approximately $110,000
Financing
Will Seller Lend To Buyer:
No
Demographics
| Population |
1-mi. |
3-mi. |
5-mi |
| 2014 Total Population |
64,434 |
242,840 |
664,736 |
| Households |
1-mi. |
3-mi. |
5-mi |
| 2010 Number Of Households |
17,570 |
69,838 |
191,712 |
| 2010 Persons Per Household |
3.52 |
3.35 |
3.35 |
| Median House Value |
$339,701 |
$395,191 |
$429,732 |
| Income Per Household |
$51,863 |
$61,306 |
$62,117 |
| Businesses |
1-mi. |
3-mi. |
5-mi |
| 2009 Number Of Businesses |
1,270 |
3,859 |
12,629 |
| 2012 Number Of Employees |
43,532 |
112,240 |
439,634 |
| 2012 Total Annual Payroll |
$885,913,000 |
$2,416,293,000 |
$4,294,967,295 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.