Luggage and Travel Goods Retailer

Folsom, CA (Sacramento County)

Luggage and Travel Goods Retailer
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Asking Price: $65,000

Cash Flow: N/A

Gross Revenue: $606,000

EBITDA: N/A

FF&E: $65,000

Inventory: N/A

Rent: $0.00

Established: 2014

Luggage and Travel Goods Retailer

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Business Description

Established store in a prime retail location for 7 years.

Business has a local customer base of 20,000 and is located in a prime outdoor shopping environment. Be in a prime position to take advantage of the pent up demand for vacation travel. Now that the Covid era is beginning to subside, the Hotel industry, Airline industry and nearly every Town, City or Country will be marketing great deals to bring travelers to their towns or beaches and people will need bags on their trips!
Purchase price includes all fixtures, customer database & operations equipment to make it a turn key business. Landlord is willing to work with new owners with a favorable lease agreement.
Inventory value currently at +/-80K is addition to purchase price.
Company name not included and will need to be changed.
Owner has changed the business concept for the Bag King name and is focusing on a different category of Bags. Note: Gross revenue was based on 2019 which was a Pre-Covid year.

Detailed Information

Location:
Folsom, CA
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
7/1/2021
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Store fixtures, POS equipment and data base https://www.google.com/search?q=bag+king+palladio&rlz=1C1GCEA_enUS907US907&oq=bag+king+palladio&aqs=chrome..69i57j46i175i199j69i64l4.4363j0j15&sourceid=chrome&ie=UTF-8
Financing:
Call for details on lease
Support & Training:
Owner is willing to make sure the training and transition goes smoothly.
Reason for Selling:
After 20+ years the owner has simply chosen to want to do something different.
Business Website:
http://www.BagKing.com
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Business Location


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Business Listed By:
Jeff Bernard

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