French Country Gift Boutique

Russ and Pat Lee

I wanted to thank not only Joan for helping me find the best business but also her assistant Patrick. They work as a team, and when Joan’s tied up, Patrick always had answers for me. It’s like having two people working to help you find a business. We appreciate it! Thanks for not letting us get into the food business in Santa Cruz. more...

SOLD

Listing Information

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French Country Gift Boutique - Motivated Seller
Listing ID: SB500	Location: Contra Costa County
Broker:	Amy Cole, Ph:(925) 600-0414
Brief: This French country store offers a fabulous East Bay location in the heart of an upscale shopping area.

Listed Price:

$139,500 including inventory

Total Sales:

$350,000 (based on 2007 financials)

Seller's Discretionary Earnings:

$99,000 (based on 2007 financials)

Fixtures Furniture, & Equipment:

$5,000 (included)

Real Estate:

N/A

Inventory:

$20,000 (varies based on seasonality) Included in listing price.

Financing / Terms:

Seller may carry small note for qualified buyer.

Business Information

Year Established:

1986

Number of Employees:

3-5 part-time employees + 1 part-time working owner

Days and Hours of Operation:

Mon-Fri: 9 a.m.-9 p.m.; Sat: 9a.m.-7p.m.; Sun: 10a.m.-6p.m.

Relocatable:

Franchise Information:

N/A

Facilities / Location:

Outdoor walking mall located in the East Bay

Lease Information

Lease Expiration Date:

Landlord to offer new lease for qualified buyer

Option:

TBD

Monthly Rent:

$3,285/month

Additional Information

Reason for Selling:

Pursuing other endeavors

Business Description:

Currently run absentee, this French Country store is located in the heart of an upscale East Bay shopping area. Established in the mid-1980’s, this business offers brand name recognition, a well-trained staff, loyal clientele and an opportunity to expand. Offering hundreds of specialty items including their own custom body & bath items, French textiles & decor, handbags, jewelry, beautiful plant topiaries and other unique items. This stable “turn-key” business draws customers from all over the Bay Area to shop for exquisite European imports.

After devoting 22 years of her life to building a highly reputable business, the owner needs to sell so that she can focus on her other business. This established business is greatly undervalued and has been reduced due to a short-term lease situation.

A new owner will enjoy the possibility of travel in France to search for lovely new “finds” and trends. This is also great potential for a family business. If you love French things and have a passion for retail, this could be your dream business!