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Pacific Beach

  • Listing No.: 106-15382

  • Category: Miscellaneous, Retail

Asking Price $150,000
Down Payment $125,000
Gross Revenue $260,224
Total Adjusted Net Income $0
Equipment / Fixtures $10,000
Year Established 1993
General Location Pacific Beach
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Originally built as a surf shop in 1968, this unique, free-standing building has an amazing location on a main street just one block from the beach in central San Diego. It is truly the epitome of the California "lifestyle" business. This is the perfect opportunity for anyone who enjoys a casual work environment, water sports, and an active lifestyle. Approximately $125,000 of Inventory (at seller's cost) is included in the sale. The business has 3 different revenue streams that complement each other nicely throughout different times of the year: (1) Retail surf shop that sells sunglasses, sandals, apparel, headwear, sunscreen & accessories. (2) Equipment rentals (surfboards, body boards, wetsuits, SUPs, beach gear, etc.) (3) Rental income from two, 1-bedroom apartment units above the shop that are short-term vacation rentals. Call today for more information!

Gross Revenue $260,224 Listed Price $150,000
Total Income $0 Down Payment $125,000
Base Rent $6,500 Square Feet 2288.00
Total Rent $6,500 Lease Expiration 12/2023
Rent Deposit $3,000 Lease Options
Inventory $125,000 Leasehold Improvements
Equipment / Fixtures $10,000 Other Assets
Full-Time Employees 0.00 Training Period 2 weeks
Part-Time Employees 2.00 Special License Required
Contract Staff 0.00 Reason for Selling Relocation and other business interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.