Established Beach Retail Store, Wide Inventory, $1M+ Sales; Loyal Customers.
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Asking Price
$325,000
Detailed Information
Business Description
This established retail store by the beach caters to both local residents and tourists, offering a wide range of products including t-shirts, souvenirs, fishing gear, and hardware. With annual sales exceeding $1,000,000, the store boasts a dedicated staff of six employees, including a manager, and enjoys a loyal customer base. There is significant growth potential through the implementation of social media and online sales strategies. The store's inventory is valued at approximately $200,000, with additional assets such as furniture, fixtures, and equipment worth $20,000. The business generates a healthy cash flow of $100,000. This presents a fantastic opportunity to invest in a thriving retail operation situated in a vibrant beach community. The store's spacious building is located near a prominent anchor store, providing a prime location for attracting customers. With no real estate included in the sale, the rent for the space is $13,290. While the business is not currently prequalified for loans, its strong