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Retail- Clothing and Jewelry

  • Status: Available
  • Price: $320,000

Anne Shay

License No:
DRE #02111828
Email:
anne@lbaweb.com
Office:
925-932-2450
Mobile:
415-601-7776
  • Listing No: 4186
  • Status: Available
  • Area: Alameda
  • Price: $320,000

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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