Discount Designer Shoes and Accessories Store For Sale

Business description

This business is located in the popular Auburn .The business specializes in the latest fashion designer shoes for men and women and accessories at a discount price. The Landlord will negotiate a new Lease with the Buyer. The Seller started this in August of 2011 but must leave ASAP for family reasons. The price includes over $10,000 of current designer inventories. Buy now and take advantage of the Christmas rush.

Property information

Real Estate:

Lease

Lease terms:

The total rent is $1350 per month. The lease runs till 9/30/2012. The Lessee had the right to terminate the lease up until 2/15/2012 with no penalties.

Leasehold rent:

$16,200 per annum

Location:

This business is located in the popular Auburn Supermall.

Premises details:

This business is located in the popular Auburn Supermall. The Landlord will negotiate a new lease with the Buyer.

Other information

Expansion potential:

This business is just starting to take off - the Seller opened it in August of 2011 and due to family reasons must leave the country. The new owner can add additional lines of shoes and accessories. It is a great opportunity to take advantage of the Christmas rush.

Competition / Market:

There is no competition inside the mall for this business. It specializes in high fashion men and women’s shoes and accessories from Los Angeles, Calif. at discount prices.

Support & training:

Seller will provide one week of on site training on the day to day operation of the business and introduction to all vendors.

Reasons for selling:

The Seller must leave the Country due to family reasons.

Trading hours:

10 AM-9PM (Mon-Sat) 11AM-6PM (Sun)

Financing available:

Cash

Furniture / Fixtures value:

$15,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)