Profitable Trendy Clothing Store For Sale

Business description

Profitable Trendy Clothing Store with two locations walking distance apart in The Heart Of The Los Angeles Fashion District. One store is 850 sq. feet and features higher end clothing and the other store is 2800 sq. feet and is positioned for less expensive merchandise. Both stores come as a package deal and are very profitable with very high margins. This area has consistently high foot traffic year round with extremely high sales volume during the Holiday Season as well as May thru August, drawing a lot of tourist traffic. An established name in the area, the stores carries exclusives on brands such as Bejeweled, Emma Sadhl, Ed Hardy, Salvage, Kimikal, Loca, Lucy Paris, Treasure Rock, Crystal Rock, Sky, Monique Leshman, Troy Kingdom and more. With $804,000 in gross annual income, $290,000 in net annual income, $35,000 worth of fixtures and equipment and $150,000 worth of inventory, all are included in one price of $449,000.

Property information

Real Estate:

Lease

Other information

Support & training:

2 weeks at 20 hours per week following close of escrow

Reasons for selling:

other ventuers

Furniture / Fixtures value:

$35,000 (included in the asking price)

Inventory / Stock value:

$150,000 (included in the asking price)