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Boutique

  • Status: Available
  • Price: $170,000

Lida Sadati

License No:
DRE #01825510
Email:
lida@lbaweb.com
Office:
(925) 9325-2450
Mobile:
(925) 932-2450
  • Listing No: 4238
  • Status: Available
  • Area: Contra Costa County
  • Price: $170,000

Description

Annual Net income of 80,000

This unique women Fashion boutique sells one-of-a-kind items from all
over the world. It’s approximately 1500 sq ft location. Base rent is 2025.00 and Cam
charges are $950.00 a month. The lease is till end of this year with a 1×5 option. This
location was established 20 years ago and is in a very busy shopping center with lots of foot traffic. They also have a side room that they do hair braiding.
Gross Sales for 2022- 220,00.00—Profit 85,000.00 Gross Sale for 2021 ( state lock down till June for Covid) 145,000—Profit $61,000 Gross sales for 2020 During Covid—145,000—Profit 48,000 Annual Payroll 23,000. There are two part-time employees.

Business Information

Ownership Type: Sole Proprietorship
Year Established: 20 Years Old
Year Purchased: 2003
Business Type: Boutique
License(s) Required: Business
Hours of Operation: Mon-Sat 9 am-7 pm
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4238
Date Available: 02/23/2023
Reason For Sale: Retiring

Financial Information

Annual Total:
Revenue:
Annual Net Income:
Inventory:
100,000
Monthly Payroll:

Lease Information

Base Rent:
2025.00
Lease Expires:
2023
Lease Option:
1x5
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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