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Very Profitable Casual Adventure Clothing Store in Sonoma Wine Country

Sonoma County, CA

Seller Financing Available

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Asking Price:$699,000
Gross Revenue:$1,562,369
FF&E:$72,460
Cash Flow:$252,722
Inventory:$400,000
Established Year:1994
Listing ID: 2234073Listing provided by BizBuySell
BUSINESS DESCRIPTION

Very Profitable Casual Adventure Clothing Store in Sonoma Wine Country

Whether you’re looking for casual or adventurous wine country attire, walking, hiking, or water-friendly river shoes, this business has everything you could ask for. They offer jackets, hats, shoes, sunglasses, dresses, blouses, shirts, swimsuits, gloves, and fashionable wear for hiking. Their attire is suitable for men, women, and children, regardless of the season or weather. The business is known for:
• Consistent growth of revenue and profits.
• Highly established presence.
• Very specialized products and top brand names.
• Well-known and respected in their community with long-term repeat customers.
• Loyal, knowledgeable, highly experienced and trained staff.
• A reputation for superior customer service.
• Opportunity for growth with a marketing strategy.
• Reviewed by local SBA lender who is willing to work with a qualified buyer.
• The opportunity to live in beautiful Sonoma County.

DETAILED INFORMATION
Location
Sonoma County, CA
Inventory
Included in asking price
Real Estate
Leased
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business has a lease, details to be provided to a qualified buyer. The sale would be conditioned upon an acceptable new lease between the buyer and the landlord. The fair market value of the furniture, fixtures, and equipment is estimated by the seller at $72,640. Items include fixtures, counters, shelving, displays, racks, and other items commonly found in a retail clothing store.
Competition
The company does not have any local competition. Although internet vendors exist, their customer base is loyal to the fact that they keep all sizes and colors in stock so that they can buy items without awaiting shipping times This requires they carry more inventory to accommodate multiple sizes in all items. The business has $798K worth of inventory. $400K is included in the Asking Price plus $398K of Excess Inventory which is to be sold in addition to the sales price. Seller will floor the $398K of Excess Inventory to provide cash flow for the buyer.
Growth & Expansion
In order to grow the top-line and profitability, a buyer should develop a digital marketing plan to expand reach and awareness of the company and redesign the website to allow for online ordering of products.
Financing
The business has been pre-qualified by a local SBA lender.
Support & Training
The Seller is willing to provide up to 120 hours of transitional training (4 weeks at 30 hours per week suggested) at no charge. Seller may help further the transition if required at a negotiated rate after the initial training.
Reason for Selling
The seller is retiring, but willing to stay on to support a limited transition.
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Ron
Schwab
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Ron Schwab
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