Profitable SF Valley Native American Retail Store

Los Angeles, CA
Los Angeles County

San Fernando Valley


Asking Price: Annual Revenue:
$299,000 Not Disclosed

Retail: Art, Photography, Accessories


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RE: Profitable SF Valley Native American Retail Store Broker: Mary Doyle
License #: 01417096/02073710
Owner Financing is Available!
Seller will consider seller finance for a qualified buyer with good credit and a significant down payment.

Quick Facts

Asking Price: $299,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1969
Employees: 1
BBN Listing #: 902335994
Broker Reference #: LA0383

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Business Overview:

First time on market! Own this profitable local cultural icon that has been the leading shop for Native American merchandise in Southern California for a half century! Offers authentic jewelry, pottery, rugs and other beautiful merchandise. Many steady customers and longtime collectors on the mailing list. Low rent for this prime San Francisco Valley neighborhood with a friendly landlord expected to offer a good new lease. Good display fixtures and an extensive inventory package included. Inventory is all scalable and per the Seller has $400,000 - $450,000 retail value. No social media and nearly no marketing done in recent years so there are many ways to increase traffic and sales. Brand new custom e-commerce site is ready to launch and be marketed to the many cultural interest groups that have not yet been tapped by this business. Seller is planning to retire and will train Buyer in store operations and how to procure the beautiful handcrafted merchandise. Please contact Mary Doyle to receive the NDA and to find out more about this profitable longstanding retail gem.

This business is being priced and sold as a Sale of Assets in Place with limited or no books and records. Any figures above or in the package are as per the Seller and Broker has not verified. Buyer to complete their own investigation of any available books and records during Buyer’s Due Diligence period and prior to opening escrow.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Mary Doyle to receive a confidentiality agreement and learn more about this opportunity.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Prime location on busy thoroughfare in the San Fernando Valley. Street-facing retail space with off-street parking in a one-story strip mall. Display cases and furniture, and other equipment to be included.

Market Competition and Expansion:

Very little competition. The most comparable collection of Native American merchandise in the region is at the Autry Museum gift shop. New business is mostly by word of mouth and owner does little to no marketing. An online storefront has been created but not launched. Launching the online storefront, along with leveraging social media and other advertising could expand business.

Reason for Selling:

Retiring

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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