Business for Sale Overview:
This tourist-oriented shop sells outer-wear clothing, sweatshirts, hats, sun glasses, and accessories. It is located in the heart of historic Cannery Row in Monterey. It is a block from the Aquarium. Business is brisk selling warm clothes for tourists not used to the colder summer weather on the Monterey Bay. It is the only store specializing in hats- straw, wool, caps- even Panama hats. The business was purchased in July 2008 from a seller, who owned it for 10 years. Financial are proforma. The summer sales are very good; so sales help is needed at that time. There is a lot of potential for a new owner with good sales skills. The sales are proforma for 2008. Inventory is approximately $80,000 in addition to the business price and will be adjusted at close of escrow.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
In line store in attractive commercial building, facing the bay. Tourists on foot swarm over the area.
Reason for Selling:
Moving out of country
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.