Long Established and Very Profitable Lifestyle Business

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Gift and Book Shops for Sale

This long-established retail souvenir, resort wear, gifts, games and sundries store is located in a high traffic tourist area of a very upscale city. The semi-absentee owners can take extended leave due to their long-term knowledgeable employees. The business has an easy to learn business model which would allow the buyer to involve their family members.

This Southern California store occupies a prime corner location on a major boulevard. It is located in a vibrant downtown area with both day and evening foot traffic that is created by the surrounding restaurants, specialty retailers and hotels. They have a loyal local and returning tourist customer base. Customers like their friendly service, fair pricing, and high-quality products.

This is a business where you can develop long-term friendships, be involved in the community, and have peace of mind living in a safe/low crime city. Season events, sporting venues and live theater make for an active lifestyle if so desired. It is an easy business to learn and operate which could employ family members.

The store has approximately 2,559 square feet of selling space, plus a 988sf sf inventory storage area. Their products are artfully displayed with high quality kiosks, custom racks and wooden shelving.

The Company has clean books and records. Their 2022 revenues are up by over 20%. The business has been pre-approved for SBA financing. Come and enjoy the lifestyle!

Financial Information

  • $1,850,000 Asking Price
  • $586,926 Cash Flow
  • $1,675,757 Gross Revenue
  • On request Down Payment
  • Yes Financing

Business Location

  • City: Southern California
  • State: California

Financing Comments

  • Pre-Approved for SBA Financing

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1975
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 2
  • Part-Time Employees: 2
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: No
  • Monthly Rent: $8,300
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 3547
  • FF&E Included?: No

Training/Support

  • Seller will negotiate a transition period
Business Listed by
image of Broker Profile
D. Joe Atchison
Sunbelt of Riverside County
Listing ID
RIVERCA001-47231
License Number
01438544

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