Very Profitable Retail Store, with $587,000 SDE

Southern California, CA


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

Retail: Florists, Gifts, Cards, Books


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RE: Very Profitable Retail Store, with $587,000 SDE 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 #: 630438372
Broker Reference #: RIVERCA001-N1082

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Business Overview:

LOCATION! – LOCATION! – LOCATION! This retail souvenir, resort wear store is in a high traffic tourist area. This Southern California based 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 are a long-established business with a loyal local and returning tourist customer base. Customers like their friendly service, fair pricing and high-quality goods. The store has approximately 2,559 sq. ft .of selling space, and an 988 sq. ft. 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.

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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.

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