Business For Sale

Coastal Art Gallery and Gift Shop w/ $100k+ Inv

Not Disclosed, CA
San Diego County

North Coastal San Diego

Asking Price: Annual Revenue:
$195,000 $883,235

Retail: Art, Photography, Accessories

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RE: Coastal Art Gallery and Gift Shop w/ $100k+ Inv Broker: Spencer Sigoda
License #: 01959660

Quick Facts

Asking Price: $195,000
Annual Revenue: $883,235
Net Profit: Not Disclosed
Cash Flow: $60,405
Total Debt: Not Disclosed
FF&E: $6,046
Real Estate: Not Disclosed
Year Established: 2011
Employees: 7
BBN Listing #: 711023364
Broker Reference #: 106-15287

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Business Overview:

Located in one of the more popular beach communities of North County San Diego, this established home decor and art gallery has great street visibility and walk-by traffic. The interior of the store has a lively atmosphere displaying beautiful home decor and coastal inspired artwork. The business has had steady revenue trends for the past three years. In 2018 the business grossed just under $900k in sales despite the current owner being effectively absentee. The current owner believes the business is best suited for an active owner operator who can give the business the love and attention it deserves. Unlike a standard home furnishing business, this company has a broad range of offerings that help create extraordinary living and business spaces custom designed to reflect the lifestyle and vision of its customers. $110,000 of inventory is included in the asking price. After purchasing this business, the seller is willing to provide training to ensure a nearly seamless transition. For additional information, please contact Listing Agent Spencer Sigoda.

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Property Features and Assets:

This is a leased location of 2,300 square feet with a Total Rent of $2,300. Lease ends 01/2020 with one 5 year lease option. Seller is not active in the business with 2 Full Time employees and 5 Part Time employees. Hours of operation are 10 AM to 7 PM, Monday - Sunday. $110,000 in Inventory and $6,046 in FF&E included in Asking Price. $36,242 made in Leasehold Improvements.

Reason for Selling:

Full Time Occupation.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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