Gift & Clothing (Montrose)

Montrose, CA (Los Angeles County)

Gift & Clothing (Montrose)
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Asking Price: $220,000

Cash Flow: $66,600

Gross Revenue: $125,388

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: N/A

Gift & Clothing (Montrose)

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Business Description

1. PLEASE COPY AND PASTE BELOW LINK AND SUBMIT NDA.
YOU WILL GET THE PROPERTY ADDRESS INSTANTLY.
https://www.kibomrealtor.com/gift--clothing-montrose.html
2. PLEASE VISIT THE LOCATION FIRST.
3. ASK QUESTIONS BY EMAIL ONLY

Do not talk to the owner and employees.
No Co-op brokering.
The photo may not be an actual photo of the business.

Gross for last year was $125,388.45, Net $66,600
Projected gross for this year is $202,000. Rent and other monthly expenses is $4895.59.
?this is a wonderful opportunity. The owner has transformed the former shop from an empty gift shop into a thriving and iconic shop in Montrose. She also has an online platform which helped them do very well even during Covid.
FULLTIME EMPLOYEES: 1
PART TIME EMPLOYEES 1
SQFT(SRC): 2,325
YEAR ESTABLISHED: 2016
Amazing opportunity to own the most charming and historic shop in the lovely city of Montrose. This well established business is at the epicenter of the Montrose Shopping District and Community. Specializing in children's boutique clothing, toys, gifts, and nostalgic items, every piece has been lovingly curated. This shop has been a gift store in the community for many decades and is located on the ideal corner of Honolulu street. There is a huge parking lot behind the shop where customers can park for free up to 3 hours. Built from scratch over 4 years ago into this anchor in the community, the business has grown year after year, even withstanding the pandemic with robust online sales and curbside pickup service. Even during pandemic there is ample foot traffic, especially on Sundays at the famous Montrose Farmer's Market held just outside the store's walkway. The famed vintage Harley Ride, Pony Ride and Race Car Ride are included in this sale, they have been a part of the store for decades and continue to make an enormous profit separate from the store sales. This business is thriving and is set up to continue to churn out profits due to the location, branding and operational set up.

?Do not talk to the owner and employees.
?No Co-op brokering.
?The photo may not be an actual photo of the business.

Detailed Information

Location:
Montrose, CA
Business Website:
http://www.kibomrealtor.com/gift--clothing-montrose.html
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KI BOM KIM

Business Listed By:
KI BOM KIM

Credent Realty

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Ad#:1797207

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