Monday, November 29, 2010 9:35:58 PM
Delmar Janovec, BizAuctions' CEO, comments, "We have been working with the landlord on finalizing the terms of the lease for our 2nd Outlet-Retail store that is located in San Ysidro, CA. The Outlet store is located off the 805 highway and is within approximately one half mile of the USA/Mexico border crossing that sees approximately 18,000 potential customers each day that cross the US/Mexico border on foot and 35,000 passengers cars. The Outlet store is approximately 6,000 sq. ft. in size as compared to Lucky 7's former retail space of about 1,000 sq. ft. The size of the new retail space will allow for approximately 2,000 sq. ft. of storage for inventory with the remaining 4,000 sq. ft. for the retail operations that will sell name brand, clothing, general merchandise, appliances, and electronics. Due to the size of the outlet-retail space along with the potential consumers crossing the border each day, we anticipate seeing the new Lucky 7's Outlet store with daily sales from $5,000 to $10,000. With the progress in sales we have experienced since the opening of our current Outlet-Retail store, the approaching Holiday season, and the location of this new Lucky 7's Outlet store, the next several months should see significant gains in sales that should flow well into calendar year 2011 and beyond."
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