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Growing British Import Shop with over $34K in Profit

San Fernando Valley, California

Asking Price: Gross: Cash Flow:
$110,000 $215,422 $34,265

Furniture and Fixtures Value:
$12,104 (included in the asking price)

Inventory Value:
$14,194 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
This unique and beloved business was established in July 1999 and underwent a change in ownership in 2020 in California. They cater to an ever growing community of local British Ex-pats and enthusiasts all around Los Angeles county.The store is a haven for British food, goodies, gifts, and more. It offers a variety of British flavors and finery from brands like McVitie's, Marmite, and Robinsons, as well as culinary supplies and unique trinkets that encapsulate the essence of Britain. The store thrives by addressing local expatriate needs with a strategic location, ample parking, and unique product offerings with its convenience, customer service, and quality goods. Ongoing success is fueled by active social mediaengagement, loyalty programs, and staying attuned to consumer trends. The business is renowned for its exceptional commitment to provide authentic British product selection. The store offers a unique cultural experience to its growing loyal customers, with the British radio playing in the background to catch up on the news and happenings in Britain.With an excellent reputation, minimal competition, and vibrant community interactions the business continues to do well and is positioned for future growth...If you are interested in learning more, give us a call!

 
   
   
Year Business was Established: 1999
   
Number of Employees: 2 IC  
   
Facilities / Terms of Lease: This business has a leased location of 900 square feet with a total monthly rental of $2,500. The seller is active in business with 2 IC employees. Hours of operation are Monday - Thursday 10am - 4pm Friday and Saturday 10am - 6pm, Mon - Sat. Included in asking price are $14,194 in inventory and $12,104 in equipment and fixtures.  
   
Owner willing to finance: Seller will consider all offers.  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Moving out of the country  
 

 

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