Specialty Retail in Lovely Coastal South San Diego Community

, California 7 views 0 favorites

Financial Highlights
Asking Price
$98,500
Revenue
$340,000
Business Description

Retail Boutique for local owner operator caters to socially conscious buyers of Artisan goods. Colorful and unique gifts, home décor and personal products created by Artisans from around the world are sold from this cheery and tasteful retail boutique. Business was founded 10 years ago and has been in its current location almost 5 years. It caters to local residents as well as tourists and offers sustainable, carefully curated products and outstanding merchandising. The business is ready to expand through on-line sales with additional on-line marketing and fulfillment as the POS system and website are already integrated. Open peak retail hours 7 days per week. There are 4 part time employees including the seller who works about 20 hours a week. Two employees have been with the business over 18 months. Effective monthly lease is $5,653 through May 2026, about 1050sqft. Post Covid business has now been open consistently from March 2021. Gross about $340,000, SDE about $40,000 for the trailing 12 months. Seller financing offered up to 20%. Includes about $30,000 inventory. No SBA. Asking $98,500. Location: San Diego County, California Year Established: 2009 Number of Employees: 3 Real Estate: Leased Building Sq. Ft.: 1,050 Rent: $5,653.00 Per Month Lease Expiration: 5/23/2026

Business Details
Industry:
Retail
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 22, 2022

Updated: 5 hours ago

Views: 7

Favorites: 0