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Balboa Island, CA
Terrific apparel shop business with best location in Newport on Balboa Island. Seller has established successful thriving business and is able to pass on the knowledge to the lucky buyer. Selling high end items at wholesale prices coupled with an effective sales force produces maximum sales. The last 3 shops I sold for the owner had full price offers at closing. If you don't want to miss out, contact me today!
Newport Beach, CA
Von's Market anchored center. Great location just off Balboa Island. Pants $11.95, Suits $28.95, and laundered shirts $6.95. Owner works limited hours. Route is four (4) hours, four (4) days per week.
Newport Beach, CA
Exclusive retail store on Balboa Island selling surf and beach apparel for men, women and children. This is a great, profitable business, but unfortunately the seller needs to sell ASAP in order to spend more time at home with his child who developed a health issue needing him to be closer to home and their school. He currently commutes over 90 minutes to get to the store. They also sell longboard skateboards, jewelry, and other beach-related accessories. Another income stream is their paddle board rental service where they chauffeur customers to the bay in their customized golf cart. Trailing 12 month revenues were $568,254 with an adjusted net profit of $95,671. The owner works in the business along w/ 2 FT and 2 PT employees. It is a small space and relatively easy to manage. Price includes approximately $35,000 of inventory.
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