Oceanfront BEACHWEAR Store For Sale! – PRIME LOCATION

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Oceanfront BEACHWEAR Store For Sale! – PRIME LOCATION
Asking Price:
$100,000

Gross Revenue:
$400,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$80,000
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

LOCATION - LOCATION - LOCATION
It is ALL about location at the Virginia Beach Oceanfront!
-Tourism is a $1.37 Billion industry in Virginia Beach as it hosts nearly $6MM overnight visitors each year!
-The three-mile stretch of Atlantic Ave that parallels the boardwalk supports beach goers all year - being EXTREMELY PROFITABLE in the summer time.
-Simple; replicable business model.
-Solid distributor relationships allow this store to achieve above average margins. A new owner is limited only by how much effort they put into growing the sales volume.
-Foot traffic and sales projected to increase dramatically in 2017.
-Owner is looking to downsize and focus on other interests.
-Owner willing to train new owner both in store and at the yearly trade shows coming this winter.
-Owner financing available to well qualified buyer.
-This is a chance to affordably get your foot in the door and hit the ground running in one of the most profitable markets in the area.
-As always, brokers bring your qualified buyers, as we HAPPILY co-broke!

About the Business

Number of Employees:
3
Real Estate:
Leased
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About the Sale

Reason For Selling:
other business interests
Training/Support:
2 weeks

Listing Info

ID:
1399842
Ad Detail Views:
550

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Business Listed by

Lex Meredith

Transworld Business Advisors

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Memberships:
U.S. Census Data for Virginia Beach city County, VA
Age

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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Virginia Beach city County, VA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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