Variety established gift shop

Asking Price$75,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$350,000
Not included in asking price
FF&E$100,000
Included in asking price
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Variety established gift shop


Asking Price$75,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$350,000
Not included in asking price
FF&E$100,000
Included in asking price
Business Description
Great opportunity to own an established retail business gift shop at Grant Avenue, the street with the most foot traffic for tourist and local people. (cross street, Pine Street).
This prime location is 1500 sq.ft. retail space, mezzanine level is allocated for office space and 1500 sq. ft. basement for storage purpose. Rent is negotiable, establishing a new lease is required (current monthly rent is at $3,900 per month. It can be run as a different concept store.
The buyer has to be approve by the landlord for signing a new lease. The sale price includes all the equipment, shelving, and tenant improvement. The shop is located in the most prominent commercial corridor in China Town with excellent traffic to restaurant, shopping, and variety of business. Cannot be missed. Must see!
About the Business
Years in Operation
21
Currently Home Based
Yes
Facilities & Assets
Cash register, cabinet, shelving, camera.
Market Outlook / Competition
Exceptional property featuring a distinctive collection of antique and vintage merchandise.
Opportunities for Growth
Nestled in the heart of Chinatown, where business growth opportunities are currently happening.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,500
Rent
$3,900.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
One week on the job training.
Listing Info
ID
2308722
Listing Views
2176

Contact Seller

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Business Listed by: Mindy Tsoi

Listing ID: 2308722 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.


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