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
- Office number: 619-455-2925
- Direct number: 650-885-8761
- License number: 01821081
- Agent email: david@sdbiz.com
