MergerPlace

Profitable SF Valley Native American

Los Angeles, California (Los Angeles)


  • Asking Price: $269,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: $1,600
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215605
  • Established: 1969
  • Employees: 1 PT 1 Owner

Business Description

First time on market! Own this profitable local cultural icon that has been the leading shop for Native American merchandise in Southern California for a half century! Offers authentic jewelry, pottery, rugs and other beautiful merchandise. Many steady customers and longtime collectors on the mailing list. Low rent for this prime SFV neighborhood with a friendly landlord expected to offer a good new lease. Good display fixtures and an extensive inventory package included. Inventory is all salable and per the Seller has $400,000 - $450,000 retail value. No social media and nearly no marketing done in recent years so there are many ways to increase traffic and sales. Brand new custom e-commerce site is ready to launch and be marketed to the many cultural interest groups that have not yet been tapped by this business. Seller is planning to retire and will train Buyer in store operations and also how to procure the beautiful handcrafted merchandise. Please contact Mary Doyle mary@mabusinessadvisors.com to receive the NDA and to find out more about this profitable longstanding retail gem.

This business is being priced and sold as a Sale of Assets in Place with limited or no books and records. Any figures above or in the package are as per the Seller and Broker has not verified. Buyer to complete their own investigation of any available books and records during Buyer’s Due Diligence period and prior to opening escrow.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Mary Doyle at mary@mabusinessadvisors.com to receive a confidentiality agreement and learn more about this opportunity.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: California
Metropolitan Area: Los Angeles
County: Los Angeles

Company Information

Year Established: 1969
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 PT 1 Owner

Financial Information

Asking Price: $269,000
Real Estate: $1,600
Seller Financing Available: Yes

Property Information

Facilities:

Prime location on busy thoroughfare in the San Fernando Valley. Street-facing retail space with off-street parking in a one-story strip mall. Rent: $3700/month

Growth & expansion opportunities:

Little to no marketing has been done lately, no social media. Online storefront ready to launch..

Competition:

Very little competition in the Southern California for this company’s range of products.

Reason for selling:

Retiring

Support & Training:

Seller will provide training at no cost to qualified buyer.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Mary Doyle

Certified Business Broker