Up for sale is a colorful and unique component of Russian River history, THE GUERNEVILLE 5 & 10. For 73 years, this fun store has served the visitors of this resort destination and surrounding area. No trip to this beautiful region is complete without visiting this traditional “Five & Dime” store.
The natural beauty of this area which includes redwood forests and the Russian River, have made this summertime haven such a desirable location. Those who enter are pleasantly surprised to find, in addition to common 5&10 items, a great selection of nostalgic candies, upscale toys, games, art supplies, craft materials, greeting cards, souvenirs, and of course, a treasure trove of inflatable boats, floaties, beach towels, sunscreen, attire, etc. to enjoy the river.
This well-loved store is known for its friendly, helpful staff and their involvement with local community events.
Financial Information
$399,000
Asking Price
$72,676
Cash Flow
$437,092
Gross Revenue
Business Location
City:
Confidential
State:California
Reason for Sale
Sellers are Retiring
Detailed information
Year Established:1949
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:3
Contractors:N/A
Owner Worked Hours/w:20
Adjusted EBITDA:
$72,676
Inventory Included: Yes
Inventory Value:
$134,000
Monthly Rent:
$1,728
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 1150
FF&E Included?: Yes
FF&E Value: $21,000
Training/Support
Seller will train new owner
Market Outlook/Competition
Located in a Prime Vacation Area
Booming Local Economy
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