20 Years Same Location-Steps Away From The World-Famous London Bridge

Asking Price$328,000

Cash Flow
$125,800
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$440,000

InventoryNot Disclosed

FF&ENot Disclosed

Store front
Store front
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20 Years Same Location-Steps Away From The World-Famous London Bridge


Asking Price$328,000

Cash Flow
$125,800
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$440,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
The Flip Flop Shop is a highly successful, reputable retail store in Lake Havasu City, Az., and is a go-to for locals and tourists alike. The Flip Flop Shop specializes in high quality hard-to-find sizes of footwear, swimwear, and clothing, that built its foundation on globally recognized lifestyle brands creating a high-quality presentation that meets and exceeds our customers’ expectations.

The Flip Flop Shop is in the heart of Lake Havasu City just steps away from the world-famous London Bridge. Located in a high traffic out-door shopping center with national brand anchor stores, well-established restaurants, banking, and personal services in the same parking lot. With 20 years in the same location and over $200,000 spent on marketing & advertising since its inception in 2005, including a professionally produced jingle, this well-established lifestyle store has created an incredible go-to reputation with repeat clientele from local and visiting customers from around the world.


Price: $395,000 includes FF&E, seller will not carry.
Inventory is not included in the asking price and fluctuates seasonally.
Turnkey opportunity / SBA approved
The Flip Flop Shop is NOT a franchise.
New lease to be established with landlord as part of closing.
Seller will offer up to 30 days training after close of sale.
Complete information will be provided to qualified buyers.


The area attracts 835,000 visitors annually with its historic London Bridge, pristine lake, friendly community, abundant sunshine, annual events, ideal weather, and wide range of restaurants and lodging. More than 400 miles of stunning coastline offer exceptional watersports, including fishing, skiing, kayaking and house boating. Visitors can also explore the lake from the beautiful beaches, campsites and hiking trails. The Lake Havasu region is also host to extensive off-road trails and undeveloped stretches of river.


Top Annual Events with Off-Site Vending Opportunities include:

Havasu Balloon Festival & Fair (January)
Buses by the Bridge (January)
Winterfest Festival (February)
Lake Havasu Rockabilly Reunion (February)
Western Winter Blast Pyrotechnics Show (February)
Bluegrass on the Beach Music Festival (March)
World Off-Road Championship Series (WORCS) (March)
Lake Havasu Marine Association Boat Show (April)
Desert Storm Poker Run & Shootout (April)
Fireworks Over the Lake July 4th Celebration (July)
IJSBA World Finals (October)
Relics & Rods Run to the Sun Car Show (October)
Monster Storm Poker Run (October)
Sand, Water & RV Expo (November)
Gem & Mineral Show (November)
Boat Parade of Lights (December)
Desert Bash Off-Road Poker Run (December) and
Bass and striper fishing tournaments (throughout the winter)
Boat regattas (throughout the summer)
About the Business
Years in Operation
20
Employees
1
Facilities & Assets
Located in the heart of Lake Havasu City just steps away from the world-famous London Bridge, in a high traffic out-door shopping center with national brand anchor stores, well-established restaurants, banking, and personal services in the same parking lot. Over $200,000 spent on marketing & advertising since its inception in 2005, including a professionally produced jingle, this well-established lifestyle store has created an incredible go-to reputation with repeat clientele from local and visiting customers from around the world.
Opportunities for Growth
Adding a website for on-line selling is the largest expansion opportunity capitalizing on the store's reputation and visitor
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$2,137.00 per month
About the Sale
Seller Motivation
Mounting health reasons are accelerating the desire to sell.
Transition Support
Up to 30 days training.
Listing Info
ID
2384287
Listing Views
713
Business Location

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Business Listed by: JOHN BUTLER

Listing ID: 2384287 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.