Business For Sale

Re-Purposed Vintage Items Retailer-$150K Inventory

Morro Bay, CA
San Luis Obispo County


Asking Price: Annual Revenue:
$265,000 $190,000

Retail: General Merchandise - Retail


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RE: Re-Purposed Vintage Items Retailer-$150K Inventory Broker: Gary Bayus
License #: 0177597
Owner Financing is Available!
Seller will negotiate a transition period.

Quick Facts

Asking Price: $265,000
Annual Revenue: $190,000
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 325531127
Broker Reference #: 4901-0912

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Business Overview:

Have you dreamed of looking out the window of your work and seeing the ocean? Hearing the seals and otters playing in the bay? This unique and properly branded retail outlet is at the heart of the Morro Bay Embarcadero and is a turnkey business for anyone ready to come and live at the beach. This can be the dream job or retirement dream for those ready to be their own boss. Live in this small fishing village and make a hearty living from tourists and locals.

The city of Morro Bay provides many impressive special events that drive tourism and new people into the shops and restaurants. It is a spectacular small town with a helping atmosphere and a California spirit.

This store truly represents the heart and soul of old coastal California, featuring artists from all over California that repurpose vintage items into new goods for you to enjoy. This store has over 30 artists that are showing exclusively at this shop in Morro Bay, California.

Other striking attributes:
-Transferable lease in place with attractive rent and an option to renew
-Located on the corner of a busy intersection
-Owner will stay on with the business temporarily for a training period
-Many repeat customers
-Unique products

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:

Morro Bay is a seaside fishing village with a bustling waterfront that offers a picture perfect get away for all types of travelers who seek an escape found in a gorgeous natural setting. Located along coastal Highway 1 in San Luis Obispo County, Morro Bay offers year-round activities in an unspoiled slice of California. From ocean-side golf, kayaking, sailing, hiking, fishing, surfing, biking, and birdwatching, to kite flying, shopping, dining, wine bars, local craft brews, and miles of unspoiled beaches there is something for all ages to enjoy. Experience a wide variety of adventures, fine dining, gift shops, wine tasting & more A walk down the Embarcadero takes one from the boat launch to the boardwalk out to Morro Rock – and it’s a great way to get out and exercise. Along the way there are inns and motels, places to dine, outfitters for boating on the bay, cruise boats, museums, fishing charters, art galleries, and overlooks for viewing the birds and wildlife. Read along for some highlights many visitors and locals enjoy as they walk down the Embarcadero. There are a considerable number of places to visit and experiences to enjoy along the Morro Bay waterfront – go scuba diving with SLO Divers, go Saturday brunch cruising on the Chablis, try stand up paddling, get a kite to fly on the beach at Farmer’s Kites, enjoy French pastry at La Parisienne French Bakery and enjoy wine tasting and gourmet sandwiches at Stax Wine Bar. Can’t do it all? Then be sure to come back over and over again to walk the Morro Bay Embarcadero! -Ruth Ann Angus Located at the halfway point between San Francisco and Los Angeles. San Luis Obispo County represents a truly unique opportunity. A chance to live in a place of exquisite beauty, yet have close access to both Northern and Southern California and all activities one could imagine. In this kind of environment with so much to do and explore, people thrive, families bond, and dreams, quite naturally, take flight. San Luis Obispo was deemed the “Happiest Place in America” by writer Dan Buettner in his National Geographic book Thrive: Finding Happiness the Blue Zones Way.

Market Competition and Expansion:

Top 3 ways to grow this business – Create an Internet store (eBay, Etsy, etc.) Increase Social Media presence Stock a greater depth of inventory from vendors

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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