$866,000
$1,195,000
27.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/05/2023
Key Details
Sold Price $866,000
Property Type Commercial
Sub Type Com-BusOp
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230011581
Sold Date 10/05/23
Property Description
Exciting Business Opportunity! Classic Southern California Surf Shop in La Jolla Shores with Extremely Profitable Business Model! Exceptional corner location just two short blocks to the beach with neighboring La Jolla Beach & Tennis Club and La Jolla Shores Hotel, capturing high-end world-wide visitors. 30-year owner is ready to retire and willing to share lessons resulting in average Annual Gross Revenue of $525,000 and Net Earnings of $300,000 with very low overhead. Sale price includes inventory, equipment, vendor relationships and goodwill. Business is operating at full speed and ready for new owner to step in and keep going. NNN Lease extends through Sept 30, 2025 with option for additional year. Owner my carry some financing. Landlord to approve purchase.
Location
State CA
County San Diego
Area La Jolla (92037)
Interior
Heating Other/Remarks
Exterior
Garage Street
Others
Acceptable Financing Cash, Seller May Carry
Listing Terms Cash, Seller May Carry
Financing Cash
Special Listing Condition Call Agent, Other/Remarks
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Paul Ferrell • Dunn, REALTORS/Park Pacific