Oregon Coast Retail (Apparel, Souvenirs, & Gifts)
Not Disclosed, OR Clatsop County
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- RE: Oregon Coast Retail (Apparel, Souvenirs, & Gifts)
- Contact: Cameron Johnson
Quick Facts
| Asking Price: | $1,900,000 | |
| Annual Revenue: | $2,150,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $570,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1004147 | |
| Broker Reference #: | OC2026 |
Business Overview:
A Timely Acquisition Allows for 2 Prime Seasons in 18 Months
IBA is pleased to offer an opportunity to acquire an iconic, Oregon Coast retail merchant that has been a destination retail venue for decades. The company offers a durable revenue stream, excellent main thoroughfare visibility, & the flexibility to operate absentee or owner operated. The business benefits from consistent tourist traffic, strong brand awareness and a diversified customer base pulling from outside the trade area.
The existing platform also provides much room for growth. Whether potential buyers are looking to take the existing inventory and blend in new private label merchandise alongside; or source other high margin products; or grow an e-commerce extension of the business; this opportunity has the potential to grow profits.
The operations benefit from the seller’s decades of experience owning tourist-centric stores in the Pacific Northwest. Ownership works on not actively in the business. A General Manager oversees operations on a daily basis. The employs a mix a mix of full-time and part-time employees.
Lease stability is another business asset.
Contact the Seller:
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Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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