Variety established gift shop
Asking Price: | $75,000 |
Gross Revenue: | $360,000 |
Rent: | $3,900/Month |
Established Year: | 2004 |
Cash Flow: | $300,000 |
Inventory: | $350,000 |
FF&E: | $100,000 |
Great Business Opportunity For Sale
Great opportunity to own an established retail business gift shop at Grant Avenue, the street with the most foot traffic for tourist and local people. (cross street, Pine Street).
This prime location is 1500 sq.ft. retail space, mezzanine level is allocated for office space and 1500 sq. ft. basement for storage purpose. Rent is negotiable, establishing a new lease is required (current monthly rent is at $3,900 per month. It can be run as a different concept store.
The buyer has to be approve by the landlord for signing a new lease. The sale price includes all the equipment, shelving, and tenant improvement. The shop is located in the most prominent commercial corridor in China Town with excellent traffic to restaurant, shopping, and variety of business. Cannot be missed. Must see!
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