Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Business For Sale. Best Beach Clothing Store 26; Location

LISTING DETAILS
Firms For Sale ID:
10362
Vendor reference:
904850
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$500,000  
Turnover / revenue:
$80,000
Net profit / cashflow:
$800,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Location21; Location21; Location21; And Profitable21; The best clothing store in the best beach community in Southern California is an incredible opportunity21; Established in 1987, Manhattan Surf and Sport sportswear store is located on the best retail location at Highland Avenue and Manhattan Beach Boulevard, just across from the Kettle Restaurant in Manhattan Beach. The long term building lease that this company has in place is as valuable as the purchase price for the entire store and stock. Selling the perfect blend of the most prestigious products such as O60;Neill, Ezekiel, and Reef, this company reflects the upscale and affluent demographics that this beach city has to offer. With 30,000 cars passing through this traffic-lighted intersection, and with over 32,500 pedestrians passing by each day, this is the highest visibility retail location in the South Bay beach communities. Current business owner only works at the store part-time. He owns two other non-competitive retail stores and one of them is branching out quickly so he must devote all of his time and resources to that other effort. Hence, this gem of a store is available and has plenty of upside for an active owner that wants the best store and location in Manhattan Beach. Remember, the leasehold asset is as valuable as the purchase price. Do yourself a favor and act on this one before it is too late. For more information, please contact Roger Civalleri at 310-539-8300.