Boutique Surf Shop Priced to Sell; Huge Potential

Not Disclosed, CA
Orange County


Asking Price: Annual Revenue:
$87,499 $79,698

Retail: Clothing & Accessories


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RE: Boutique Surf Shop Priced to Sell; Huge Potential Broker: Chris Beckman
Owner Financing is Available!
$17499.80

Quick Facts

Asking Price: $87,499
Annual Revenue: $79,698
Net Profit: Not Disclosed
Cash Flow: $17,297
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 285558242
Broker Reference #: 95371-677039

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Business Overview:

Local boutique surf shop with a mix of women's and men's clothing, surfboards, skateboards, paddle boards and beach accessories. Great location on Main Street Seal Beach in a high traffic area. The business is located walking distance from the beach and the water, which makes it the perfect place to pick up last minute accessories before hitting the sand and surf. The business tailors more to women's boutique clothing with a wide variety of upscale selections. They also offer men's apparel, and a variety of sunglasses, hats, and everything you need for a great time at the beach. The business has a huge potential for a new buyer to come in and double if not triple the sales. The current owners are in Ohio and have not had time and energy to run the business to its potential.

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Property Features and Assets:

The business opened in May of 2018 after the new owners spend 6 months renovating and cleaning up the business from the previous owners. The owner launched enthusiastically in May of 2018, however, they had to relocate due to family needs. The business is primed and ready, after a fresh upgrade, for new owners to hit the ground running to maximize sales and grow the business.

Market Competition and Expansion:

There is a high potential for growth as the current owners spent their time and money renovating the store to get it ready to launch, and unfortunately, had to relocate due to family needs. They do not have a website and are not doing any advertising or marketing, presenting an opportunity for a new owner to come in and see a 20-30% boost by launching a website, and implementing a marketing campaign.

Reason for Selling:

relocating

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.

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