Long Established and Very Profitable LIfestyle ...

Southern California, CA


Asking Price: Annual Revenue:
$1,850,000 $1,675,757

Retail: Florists, Gifts, Cards, Books


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RE: Long Established and Very Profitable LIfestyle ... Broker: D. Joe Atchison
License #: 01438544
Owner Financing is Available!

Quick Facts

Asking Price: $1,850,000
Annual Revenue: $1,675,757
Net Profit: Not Disclosed
Cash Flow: $586,926
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 1975
Employees: 4
BBN Listing #: 135638372
Broker Reference #: RIVERCA001-N1082

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Business Overview:

This long-established retail souvenir, resort wear, gifts, games and sundries store is located in a high traffic tourist area of a very upscale city. The semi-absentee owners can take extended leave due to their long-term knowledgeable employees. The business has an easy to learn business model which would allow the buyer to involve their family members. This Southern California store occupies a prime corner location on a major boulevard. It is located in a vibrant downtown area with both day and evening foot traffic that is created by the surrounding restaurants, specialty retailers and hotels. They have a loyal local and returning tourist customer base. Customers like their friendly service, fair pricing, and high-quality products. This is a business where you can develop long-term friendships, be involved in the community, and have peace of mind living in a safe/low crime city. Season events, sporting venues and live theater make for an active lifestyle if so desired. It is an easy business to learn and operate which could employ family members. The store has approximately 2,559 square feet of selling space, plus a 988sf sf inventory storage area. Their products are artfully displayed with high quality kiosks, custom racks and wooden shelving. The Company has clean books and records. Their 2022 revenues are up by over 20%. The business has been pre-approved for SBA financing. Come and enjoy the lifestyle!

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Property Features and Assets:

Real Estate License ID: 01438544

Reason for Selling:

Retirement

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.

Relevant Links:

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