Growing British Import Shop with over $34K in Profit

Los Angeles County, CA
listing image
Asking Price:$70,000
Gross Revenue:$215,422
Rent:$2,500
Established Year:1999
Cash Flow:$34,265
Inventory:$14,194
FF&E:$12,104
BUSINESS DESCRIPTION

This unique and beloved business was established in July 1999 and underwent a change in ownership in 2020 in California. They cater to an ever growing community of local British Ex-pats and enthusiasts all around Los Angeles county.

The store is a haven for British food, goodies, gifts, and more. It offers a variety of British flavors and finery from brands like McVitie's, Marmite, and Robinsons, as well as culinary supplies and unique trinkets that encapsulate the essence of Britain. The store thrives by addressing local expatriate needs with a strategic location, ample parking, and unique product offerings with its convenience, customer service, and quality goods. Ongoing success is fueled by active social media
engagement, loyalty programs, and staying attuned to consumer trends. The business is renowned for its exceptional commitment to provide authentic British product selection. The store offers a unique cultural experience to its growing loyal customers, with the British radio playing in the background to catch up on the news and happenings in Britain.

With an excellent reputation, minimal competition, and vibrant community interactions the business continues to do well and is positioned for future growth...

If you are interested in learning more, give us a call!


DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
01/10/2024
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business has a leased location of 900 square feet with a total monthly rental of $2,500. The seller is active in business with 2 IC employees. Hours of operation are Monday - Thursday 10am - 4pm Friday and Saturday 10am - 6pm, Mon - Sat. Included in asking price are $14,194 in inventory and $12,104 in equipment and fixtures.
Financing
Seller will consider all offers
Support & Training
2 weeks
Reason for Selling
Moving out of the country
Report an Issue with this listing
profile-img
Michael
Preston
logo-img
Michael Preston