Description of the business for sale
This unique shop is located one block from the Pacific Ocean. It has an established quality reputation with locals & tourists from around the world. Aficionados of “Bones, Stones, Woods & Gems” come from literally all over the world to visit this well-known bead shop! With a wide selection of beads from around the globe and the finest findings, supplies, and tools, this one stop bead shop is a thriving beach-area business. This shop has been in business at the same location for over 12 years; it has 7 fulltime employees; a domain name & internet website; its own trade-name & logo; and an established presence in the community. Their annual gross sale exceeds half-million dollars and has an adjusted net profit of $100K+!! This is a ‘low-tech, high profit operation’ with existing growth potential! This business can make your California Dreams become a reality!!
Support / Training provided by seller
Owner is willing to train and orientate new owner during a transition period to be mutually determined.
Description of the facilities
The shop is located in approximately 1,000sqft, rented ($3k/mo)on month to month basis so as to allow new owner to negotiate a new long-term lease. $75,000 inventory included in asking price of $625,000.00; Seller will not carry financing, SBA financing is posible with qualified buyer & 35% down payment; Established Website not being fully utilized for e-commerce, potential growth medium for new owner. Experienced staff & manager complement overall operations. This is a "Turn-Key" operation waiting for someone with vision & ambition!