A moderately priced, high fashion men's and woman's imported Italian shoe and accessory business is available. It includes both retail and online sales that are a 70%/30% split. It is located in the highly desirable Hayes Valley neighborhood, on a commercial strip in San Francisco with below market rent. The Asking Price includes $140,000 worth of inventory that is 100% financed by the seller, with $100,000 down payment. There are seven years in total available between the current lease term and option period at below market rate rent. The business could benefit from enhanced internet sales operation and leaner staff. The business is currently overstaffed. If the buyer decreases the current personnel, the buyer should save around $39K per year. The current owner is looking to retire but is willing to stay on for up to two months to train replacement.
Please refer to Listing ID - SF1084 when inquiring about this advert.
Call us at: 415.227.4411 X301 or 415.930.4013
Email us at: Francisco@Business-Team.com
Hours of Operation: Mon - Saturday: 11 a to 7 p. Sunday: 11 a to 6 p
Available, 4 Weeks, 25 Hours Per Week