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Newport Beach

  • Listing No.: 130-20227

  • Category: Retail

Asking Price $59,000
Down Payment
Gross Revenue $124,256
Total Adjusted Net Income $13,304
Equipment / Fixtures
Year Established 2008
General Location Newport Beach
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Location, location, location! Buy this women’s clothing store in the shopping district of a quaint coastal vacation spot and sell to locals and tourists alike. Locals and tourists alike come to the beach community to relax, shop and dine. Operate this retail store yourself to keep earnings high! Or choose to hire staff to take a few days off! All clothing items are hand selected, modern and designer-inspired. The rent is below market rate for the location. Check it out and ramp it up for the post-COVID new normal!

Gross Revenue $124,256 Listed Price $59,000
Total Income $13,304 Down Payment
Base Rent $3,230 Square Feet 550
Total Rent $3,230 Lease Expiration
Rent Deposit $2,550 Lease Options
Inventory $15,000 Leasehold Improvements $0
Equipment / Fixtures Other Assets Intangible assets
Full-Time Employees Training Period 1 Week
Part-Time Employees Special License Required
Contract Staff Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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