Profitable Carmel Hat Company In Carmel-By-The-Sea, CA

Carmel By The Sea, CA (Monterey County)

Profitable Carmel Hat Company In Carmel-By-The-Sea, CA
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Asking Price: $349,000

Cash Flow: N/A

Gross Revenue: $390,000

EBITDA: N/A

FF&E: $0

Inventory: $50,000*

Established: N/A

*not included in asking price.

Profitable Carmel Hat Company In Carmel-By-The-Sea, CA

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Business Description

The hats sell themselves!

Yes, shopping is back!

Quaint Carmel-by-the-Sea is alive with shoppers, both tourists and locals filling the streets with activity. The sidewalk eateries bring visions of a quaint European village, yet only an hour drive from Silicon Valley, a population tired of online purchases, now enjoying a shopping spree. Carmel's charm draws them in. Hats have never gone away!

Lively, entertaining, an easy business to run. Located in a unique historical arcade downtown with other destination shops. High foot traffic with continuous return clientele. Hats are a Carmel souvenir. You can never have too many hats!

This successful, well-established THE CARMEL HAT COMPANY promotes styles both classic and trendy coming from quality sources. Styles suit men and women. Prices are reasonable. Inventory sells fast.

Average month gross sales: $30,000

Average month profit: $12,000 - $15,000

Current owners have owned this business for over 27 years and are now retiring. They are willing to mentor new owner and share resources making an easy transition. This shop is ready to be taken to the next level -- a huge potential in "branding" and online presence. Clientele warrants it.

SALES PRICE: $349,000

INVENTORY: $50,000 (not included in sales price)

400 s/f of shop space packs a lot of hats! Additional 300 s/f storage space comes with the lease. Great Landlord. Current lease: an unbelievable $1005 per month—until Covid-19 is gone.

Shop is perfect as is -- only need a bigger mirror!

A rare opportunity! This shop makes an excellent income with fun on the side.

Contact: info@carmelbizsales.com or call 831-625-5581

Detailed Information

Location:
Carmel by the Sea, CA
Inventory:
Not included in asking price
Facilities:
400 s/f of shop space and additional 300 s/f storage space comes with the lease.
Support & Training:
Willing to mentor new owner and share resources.
Reason for Selling:
Owners are retiring
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Carmel Business Sales

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Ad#:1804376

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