High End Home Lighting Stores

Rowland Heights, CA
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Asking Price:$800,000
Gross Revenue:$762,000
Established Year:1995
Cash Flow:$91,000
Rent:$156,000/Year
BUSINESS DESCRIPTION

** ANNUALLY GROSS: $762,000 BOTH STORES
** ANNUALLY RENT: $108,000, $48,000
** BUILDING SIZE: 5,000 SQFT, 1,300 SQFT.
** OPEN HOURS: 10:30 AM- 6:30 PM MON~ SUN.
** BOTH OWNERS WORK FULL TIME AT THE STORE.
** OWNERS READY TO RETIRED AFTER ALMOST 30 YEARS IN SAME BUSINESS.
** WELL ESTABLISH CLIENTELE.
** BUSINESS SINCE 1995 SELLING HIGH END CRYSTAL LIGHTING.
** HIGH PROFIT MARGIN 60%. EASY TO OPERATE.
** INVENTORY APPROX $600,000.
** MERCHANTS 50% DIRECT IMPORT AND 50% PURCHASE FROM
LOCAL IMPORTERS.
** PURCHASE INCLUDED INVENTORY.


DETAILED INFORMATION
Location
Rowland Heights, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,300
Employees
5
Facilities
BUILDING SIZE: 5,000 SQFT, 1,300 SQFT. OPEN HOURS: 10:30 AM- 6:30 PM MON~ SUN. EMPLOYEES: 4 FT, 1PT. INVENTORY APPROX $600,000.
Support & Training
SELLER CAN TRAIN AND SUPPORT.
Reason for Selling
OWNER READY TO RETIRED.
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Peter Chai Hui
Shaw
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Peter Chai Hui Shaw