Iconic, Highly Profitable Adult Apparel & Variety Business
Los Angeles

This is a 100% RARE opportunity to acquire a turnkey, legacy, Iconic, Highly Profitable Adult Apparel & Variety Business. The Business is fully staffed with experienced and knowledgeable employees. The Business can Semi-Absentee and Remote Owner operated. The Business is in highly visible area of Los Angeles with tons of foot traffic & media coverage. The Business has one-of-a-kind brand recognition, has no direct competition, and dominates its market segment. The Business highly profitable with an average markup of 65%. Included in the sale is approximately $20K in FF&E, $15K in supplies, and $20K in leasehold improvements, Inventory is to be sold separately and typically averages about $200K. This Business has lots of upside, is primed for growth and is the perfect opportunity for a business savvy entrepreneur to take it to the next level.

Call 818-935-1241 or email inquiries to: deanna.dube@fcbb.com

Listing Number:

22915

Category:

Retail

Location:

Los Angeles
$1,250,000

Financial Information:

Gross Revenue:

$1,600,000

Listed Price:

$1,250,000

Down Payment:

$0

Total Income:

$434,997

Year Established:

2009

Lease Information:

Square Feet:

1600

Total Rent:

$15,500

Lease Expiration:

02/2029

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$20,000

Equipment / Fixtures:

$20,000

Inventory:

$0

Other Assets:

$15,000 in Supplies

Additional Information:

Full-Time Employees:

9

Part-Time Employees:

1

Special License Required:

N/A

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Seller is selling to semi-retire.

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First Choice Business Brokers

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.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Deanna Dubé
Office: | Cell: (818) 935-1241
License #: CA DRE 02088474

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Iconic, Highly Profitable Adult Apparel & Variety Business
Los Angeles

Listing Number:

22915

Category:

Retail

Location:

Los Angeles

Listed Price:

$1,250,000
brokerPhoto
Deanna Dubé
Office: | Cell: (818) 935-1241
License #: CA DRE 02088474

This is a 100% RARE opportunity to acquire a turnkey, legacy, Iconic, Highly Profitable Adult Apparel & Variety Business. The Business is fully staffed with experienced and knowledgeable employees. The Business can Semi-Absentee and Remote Owner operated. The Business is in highly visible area of Los Angeles with tons of foot traffic & media coverage. The Business has one-of-a-kind brand recognition, has no direct competition, and dominates its market segment. The Business highly profitable with an average markup of 65%. Included in the sale is approximately $20K in FF&E, $15K in supplies, and $20K in leasehold improvements, Inventory is to be sold separately and typically averages about $200K. This Business has lots of upside, is primed for growth and is the perfect opportunity for a business savvy entrepreneur to take it to the next level.

Call 818-935-1241 or email inquiries to: deanna.dube@fcbb.com

Financial Information

Gross Revenue:

$1,600,000

Listed Price:

$1,250,000

Down Payment:

$0

Total Income:

$434,997

Year Established:

2009

Lease Information

Square Feet:

1600

Total Rent:

$15,500

Lease Expiration:

02/2029

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$20,000

Equipment / Fixtures:

$20,000

Inventory:

$0

Other Assets:

$15,000 in Supplies

Additional Information

Full-Time Employees:

9

Part-Time Employees:

1

Special License Required:

N/A

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Seller is selling to semi-retire.

First Choice Business Brokers

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.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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