This exquisite garden store boutique is located in a hip eastside Los Angeles’
neighborhood that boasts an ideal like-minded, high discretionary cash flow customer
base. The indoor-outdoor boutique with stellar freeway access to everywhere from
Downtown to Pasadena and the San Fernando Valley, offers its loyal patrons
everything from planters to potted designs, decorations, outdoor furniture, fountains,
fire pits, tools, accessories and more. From a service standpoint they host workshops,
offer plantscaping design, embrace collaborative cocreation and even decorative
rentals! In short, they provide clients everything that they’ve wanted and that keeps
them coming back for more!
The property is available for sale for $1.3 million, however it will only be sold in
conjunction with a business sale. A business only sale may be considered.
- Asking Price:
- $495,000 (USD)
- Sales Revenue:
- $1,652,158 (USD)
- Cash Flow:
- $206,068 (USD)
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
The 2,278 square foot indoor space, nearly 5,000 parcel space (nearly all of which may
be used for retail), is currently leased by the owner-operators for $6,500 per month.
Should a byer not have an interest in the property, a new 5 year lease with a 5 year
option will be provided.
Business Operation
- Expansion Potential:
-
New operators will likely want to continue in the tradition that has made this business
such a perennial customer favorite. With that said, there is never a shortage of new
trends, plants or complementary products and services that can be provided the
existing capture client base. The business may be viewed a reliable earner that can
also be a blank canvas for new management to demonstrate their own creativity in
capture, or better yet, creating new market trends!
- Competition / Market:
-
While competition exists in the greater area, this garden store has been a neighbor
staple for over 70 years. As such, it’s an incumbent location in this service and
product segment with a reputation that competition will find it difficult to match.
- Reasons for selling:
-
Personal
- Trading hours:
-
7 Days
10:00 am – 6:00 pm
- Employees:
- 4
- Years established:
- 1946
Other Information
- Support & training:
-
Seller will train for 2 weeks at 25 hours per week.
- Financing available:
-
Not offered but a small secure carry may be considered.
- Furniture / Fixtures value:
- $30,000 (USD)
- Inventory / Stock value:
- $180,000 (USD)
