Profitable Gift Shop In 5 Star Downtown Sf Hotel

San Francisco, CA (San Francisco County)

Profitable Gift Shop In 5 Star Downtown Sf Hotel
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Asking Price: $75,000

Cash Flow: $100,000

Gross Revenue: $110,000

EBITDA: $90,000

FF&E: $10,000

Inventory: $20,000

Rent: $1,500 per Month

Established: 2010

Profitable Gift Shop In 5 Star Downtown Sf Hotel

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Business Description

5 Star Hotel Gift Shop! The hotel sells traditional convenient gift shop merchandise including but not limited to snacks, cigarettes, drinks, SF souvenirs, clothing, medicine, and jewelry!

1 Block from Mascone Center and Metreon! (All major conventions they stay at the hotel!)

Great side business and doesn't need a lot of hands-on work if you hire 1-2 part time employees!

Great opportunity:
-SUPER CHEAP RENT (1,500$)
-Only store in the hotel
-Room-Service charges 24/7 (Even when the store is closed)
-Hotel operating during the pandemic
-Profitable (A lot of cash...but also have smart tech register)
-Comes with a parking spot for employee
-Will get Access to all our wholesale vendors (7up, Costco Business, Pitco Foods, Souvenir dealers, +)

The store comes with:
- all merchandise (Approx $20,000)
-Fridge (approx $8,000)
-All shelving and storage (approx $5,000)
-all access to the wholesale vendors
Other: Name, Register, Training

Detailed Information

Location:
San Francisco, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Some Popular Included Items: -Souvenirs/Post Cards (Mugs, Glasses, Magnets, Trolly Cars, Ash Trays, Pens) -Medicine and Convenience (Pills, Condoms, First Aid, Styling Products, Sanitizer) -Food and Drinks (Candy, Chips, Nuts, Muffins, Bars, Gums) -Russian Nesting Dolls (10k worth MOST POPULAR ITEM) - Clothing, Glasses, Scarfs, Jackets, Hats LEASE IS ON MONTH TO MONTH TERMS AND HAS BEEN FOR 2 YEARS (WHEN NEW OWNER COMES WE WILL MAKE SURE TO RE-APPLY CONTRACT TERMS TO NEW OWNER)
Competition:
No other stores in the hotel. Was closed during Covid due to Fed guidelines but now re-opened.
Growth & Expansion:
GROWTH INCLUDES ADDING E-COMMERCE. We never had social media or e-commerce running for the store it was all foot traffic.
Support & Training:
24/7 Training and access to all vendors, and wholesalers. Register training and day-to-day operations can be learned in 2-4 days with owner 1 on 1.
Reason for Selling:
MOVING
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Business Listed By:
Justin Srulovich

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