Surf Shop One Block From the Beach in San Diego

San Diego, CA (San Diego County)

Seller Financing Available
Surf Shop One Block From the Beach in San Diego
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Asking Price: $150,000

Cash Flow: N/A

Gross Revenue: $260,224

EBITDA: N/A

FF&E: $10,000

Inventory: $125,000

Established: 1993

Surf Shop One Block From the Beach in San Diego

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Business Description

One block from the beach in central San Diego!

Originally built as a surf shop in 1968, this unique, free-standing building has an amazing location on a main street just one block from the beach in central San Diego. It is truly the epitome of the California "lifestyle" business. This is the perfect opportunity for anyone who enjoys a casual work environment, water sports, and an active lifestyle. Approximately $125,000 of Inventory (at seller's cost) is included in the sale. The business has 3 different revenue streams that complement each other nicely throughout different times of the year: (1) Retail surf shop that sells sunglasses, sandals, apparel, headwear, sunscreen & accessories. (2) Equipment rentals (surfboards, body boards, wetsuits, SUPs, beach gear, etc.) (3) Rental income from two, 1-bedroom apartment units above the shop that are short-term vacation rentals. For additional information please contact listing agent Dylan McGrath at 858-707-5013

Detailed Information

Location:
San Diego, CA
Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 2,288 square feet with a Total Rent of $6,500. Lease ends 12/2023. Seller is active in the business 2 PT employees. Hours of operation are 10-6 Sun-Thur, 10-7 Fri-Sat . $125,000 in Inventory and $10,000 in FF&E included in Asking Price.
Financing:
$125,000 DP; Balance SCN for 12 months at 8% interest.
Support & Training:
2 Weeks
Reason for Selling:
Relocation and other business interests
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(from currently available funds)
 
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Dylan McGrath

Business Listed By:
Dylan McGrath

First Choice Business Brokers San Diego

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Sponsoring Broker:
First Choice Business Brokers San Diego

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