Turn-key Waterfront Home Goods Store

Morro Bay, CA (San Luis Obispo County)

Turn-key Waterfront Home Goods Store
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Asking Price: Get Financing: $265,000

Cash Flow: $83,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $4,250 /Month

Established: 2016

Turn-key Waterfront Home Goods Store

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Business Description

Rare opportunity!

This is a rare opportunity to purchase an established, successful and growing company in a highly trafficked tourist beach town. The shop is in a very well placed store front, with the highest foot traffic around. The shops surrounding this store are long established and "must visit" destinations. The shop is also right on the bay which is home to many water activities. The building is designed and set up with great window exposure for passing foot traffic, which captures many.
This business is showing remarkable customer loyalty and interest from everywhere and is still experiencing exponential growth because of this. The profit margins are very strong.
This is an ideal opportunity to have a rewarding business with many benefits in a very desirable setting. People from all over the world travel here year round to enjoy this unique environment.
Morro Bay has over 1 million visitors every year with 90% passing in front of this waterfront Embarcadero business. The city is also very aggressive with marketing the waterfront district as a destination for all. The traffic count in the store is in excess of 1,400 adults daily during our long tourist season.
The greatest benefit of having a fun business here is living in this beach community. It is small, with all the amenities you need and also able to walk to your waterfront shop.
Ready to start your adventure?

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
4/1/2027
Employees:
1
Facilities:
2200 Sq Ft Showroom floor plus storage room located on the waterfront in Morro Bay Fully stocked shop.
Competition:
Extremely limited competition on the Embarcadero. Our vendors serve us exclusively and no other store in Morro Bay carry their merchandise.
Growth & Expansion:
P/L available after a walk through of the establishment and signature of a non-compete.
Financing:
Owner will not carry note
Support & Training:
30+ days as needed
Reason for Selling:
Retiring
Business Website:
http://www.facebook.com/junquelovemorrobay/
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Business Location


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Business Listed By:
Doug Little

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