Profitable Clothing & Shoe Store with Exclusive Deals in Hesperia, CA

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Profitable Clothing & Shoe Store with Exclusive Contracts in Hesperia, CA
Asking Price:
$549,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$350,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Huge opportunity to own this prestigious clothing, shoes, and accessories business in the beautiful city of Hesperia, California. Net operating income to owner is: $6,000 and $4,000 to employees. Inventory is valued at: $350,000. Fixtures and goodwill of 20 years returning customers is: $150,000. Flexible landlord, current lease ends in 3 years, with 2 options of 5 years. Total rent is: $4,557 per month which includes water, trash, and NNN. Currently running with 2 full time employees and 2 part time employees. Gross sales reported was: $500,000 in 2017. Monthly expenses is about: $5,000 - $6,000, which does not include employee salaries. The worst month is a net income of: $10,000. Profit margin is about: 50%-90%. Seller has huge and very rare Resale Accounts with: New Era, Sketchers, Harley Davidson, Cactus boots, Wolverine boots, Lugz, Dickies, Metal Mulisha, and FOX. Some are exclusive accounts within a 5-10 mile radius. Business is always stable. Account with: Spy Sunglasses is exclusive seller in Hesperia. Large selection of big and tall sizes. Shoes and clothes are the hottest seller at the store. Account with the city of Hesperia of $2,500 every 3 months. Corner the clothing market in Hesperia and surrounding cities.

About the Business

Year Established:
1977
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Amount/Mo.:
$4,557.00
Website:
matrix.crmls.org/matrix/shared/td1rvSDpPDGd/16930MainStreet
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Listing Info

ID:
1537038
Ad Detail Views:
37

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Business Listed by

Fernando Spindola

INTERO Commercial
License# 01745219

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U.S. Census Data for San Bernardino County, CA
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