Newport Beach, CA
Exclusive retail store on Balboa Island selling surf and beach apparel for men, women and children. 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 $75,000 of inventory. The owner is selling due to recent family health issues that require his attention at home and the business is simply too far away.
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!
Business listed by:
Unknown Broker Company
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