ABOUT THE BUSINESS
Asking Price: $149,000
Gross Sales: $500,000 approx.
Location: San Luis Obispo , Ca.
Inventory: $90,000 C.O.G.
FFE: $77k (approx)
*CONFIDENTIALITY IS OF THE UTMOST IMPORTANCE TO THE SELLER. ALTHOUGH YOU MAY RECOGNIZE THIS POPULAR LOCATION, DO NOT SPEAK TO THE SELLERS OR THEIR EMPLOYEES *
Established in 2015 as an LLC / same two owners since then, operating, profitable, excellent location, superb condition, "high-end" up-to-date inventory, strong established community following and branding, quality FFE, amenities include long term favorable lease rate, possible expansion opportunities.
Sophisticated retail clothing 2 BLONDES boutique is an elegant aprox. 1457 sqft store selling the highest quality carefully chosen women's clothing. This business offers high quality curated upscale fashion merchandise such as designers: Eileen Fisher, Joseph Ribkoff, Lola and Sophie, Gold Hawk, Tolani, Frank and Eileen and White and Warren to name a few. The business Owners developed a solid high-net demographic following who appreciate the investment of wearing good quality designer clothes. In an excellent location in Downtown San Luis Obispo, close to restaurants and hotels, which provides good foot traffic exposure. This is a turnkey operation that, features stylish product, a strong lease and cooperative motivated Sellers.
A wonderful business for someone who has a "passion for fashion"!
Financial Documents provided per request
Employees : 5 part time and 2 full time Owners
Operation: open seven (7) days a week closed on Christmas, Easter and
Rent: Present @ $4,600 Includes small office and one bathroom
Term to March 2020 w/ 5 yr option to renew. Base rent - Initially (base)
$4,225 @ $2.90 per sq ft.
Assumable to qualify Lessee.
*Wall Art, Antique wooden desk, French chairs excluded from Sale
DISCLAIMER: the Seller herein furnished the information to Vivian Hanover, Commercial Real Estate Broker w/ Sequoia Capital Partners, and Antoinette Payne, w/ Pacific Coast Brokers, Inc. who make no representation or warranty as to its accuracy or completeness. Future Discretionary Earnings may differ from past Discretionary Earnings.
If you are interested in purchasing this business or would like more information, please feel free to send us a message. We will get back to you as soon as possible.