$2,500,000
Retail- Clothing and Jewelry
- Status: Expired
- Price: $320,000
Anne Shay
- License No:
- DRE #02111828
- Email:
- anne@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 415-601-7776
Description
Profitable and reputable leading fashion and jewelry retail store located in affluent Berkeley on a high foot-traffic shopping district for over 16 years. Store is 950sf with sales averaging $500/SF. The product mix includes jewelry with high margins, gifts, fashion accessories, and curated clothing. Established vendor base by artisans from all over the world. 5-Star internet reviews, and a very loyal customer base – clientele includes men buying perfect gifts for their Mates, and women buying fine fashion wear and accessories for themselves and friends and family.,
Great opportunity for a creative merchant who enjoys traveling, shopping, and meeting customers. Owner is looking to retire. Inventory is included sales price, and will be assessed at time of sale. Avg gross monthly $40,000; rent $4250 with 5 years remaining on lease.
Shop open Mon-Sat 11-6; Sun 12-5.
Part time employees + sales commission approx. $4000
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
over 16 years
Year Purchased:
2006
Business Type:
Clothing and Accessories
License(s) Required:
Business
Hours of Operation:
11am-6pm Mon.-Sat. / Sun. 12.00pm- 5.00pm
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4186
Date Available:
09/02/2022
Reason For Sale:
To be Retired
Financial Information
- Annual Total:
- 480,000
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
- 5,000/m
Lease Information
- Base Rent:
- 4,250/m
- Lease Expires:
- 2027
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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