FLASH SALE: Prime Burlingame Avenue Established Retail Asset 

Listing number: 60369

Location: Burlingame

Year established: 2008


The Opportunity: A local institution in the Peninsula’s most prestigious retail corridor is available for immediate takeover. The owner is retiring, and the business must be transferred now to a lucky new owner. 


The Value:


Unbeatable Rent: A new 3-5 year term is available for 3 or 5 year extension: 5% rent increase year 1 ($3,893/mo) with 4% annual rent increases. ( on landlord approval)


Turnkey Entry: For $65,000, you get a fully built-out luxury retail space and a 20-year reputation in a high-net-worth corridor with a diverse clientele.


Instant Equity: In a market with year+ long build-outs, this is a "skip the line" opportunity priced for a lightning-fast close.


Future Growth & Modernization

Low-Entry/High-Upside: At this price point, you are securing a premium foundation with significant capital left over to apply your personal touch.


Digital Expansion: The business currently operates without an online presence. Launching a modern e-commerce website and social media strategy would immediately capture the high-margin digital market.


Curation & Scaling: While the current European niche is well-established, there is ample room to introduce new vendors and contemporary lines that complement the existing inventory, allowing you to scale the brand for a new generation of Burlingame shoppers.


Asking price: $65,000

Income: $100,000

Revenue: $250,000

 

Lease information

  • Rent: 3 or 5 year extension: 5% rent increase year 1 ($3,893/mo) with 4% annual rent increases. 
  • Sqft: 800

Asset information

  • Inventory: $5,000
  • Equipment/fixtures: $10,000

Additional information



David Mayfair

For more information or to inquire about this business contact David Mayfair