Price Drop on Popular Tourist Gift Shop

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Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 538-7738
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
SA4009 - Gift Shops

Location:
Northern California - Central Valley

Price Drop on Popular Tourist Gift Shop

Business Description:

Rare opportunity to own a souvenir & novelty shop, with $150K in inventory, located in the premier tourist destinations in the Sacramento area. It is located near several of the area’s iconic landmarks, so thousands of people easily find and return to this shop each year. This shop has been in business at this location for over 18 years. The current owner of the last 10 years is moving from the area and will transfer all established supplier relationships as well as many years of retail customer service experience and knowledge to support the new owner to also be successful in this business. There is lots of potential for a new owner to improve current results.


Asking Price: $175,000


Inventory (included):
$150,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

3/31/2017

$141,849
(Sales)

$34,508
(Adjusted Cash Flow)

12 Months Ended

12/31/2016

$182,522
(Sales)

$52,010
(Adjusted Cash Flow)

12 Months Ended

12/31/2015

$163,517
(Sales)

$22,857
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 0 0
Owners 1 0

Hours of Operation
Mon-Thurs: 10:00 am to 7:00 pm; Fri-Sun: 10:00 am to 8:00 pm

Licenses Required:

  • Business and Resale

Lease

Monthly Rent Including NNN:
$2,550

Expires:
12/31/2018

Option:
For 1 years

Size(sq.ft.):
0

Miscellaneous

Type of Organization:
Sole Prop

Reason for Sale:
Moving from the Area

Training:
4 weeks 10 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 538-7738
Seattle: 425-957-6180
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.