BOOKSTORE – GIFT SHOP – TUTORING CENTER – STUDY ROOM

Price: $200,000

Location: San Diego, CA

Industry: Other Retail

Listing ID: 01985421WJ

Listing Status: New

Description

Listing ID - 01985421WJ

For sale: San Diego's premier Chinese bookstore, a well-established cultural hub thriving for 18 years.

This unique bookstore offers much more than just books.

It includes a dedicated area for tutoring, a learning center, and a study room rental service, making it a versatile space for educational activities.

Additionally, it features a retail section complete with a permit for selling cooked food, adding to its diverse appeal.

Conveniently located near supermarkets and a bustling plaza, the bookstore benefits from high foot traffic.

The spacious premises come with the advantage of low rent, presenting a fantastic opportunity for the new owner to expand upon the existing retail and tutoring services, further developing this multifaceted business.

LISTING DETAILS

Down Payment: $200,000

Total Sales: $300,000

Cash Flow: $84,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: $50,000

Inventory Included: No

Operation

Year Established: 2006

Days & Hours of Operation: 7 Days (9:30am to 5:30pm)

Owner Hours Per Week: 40

Non-Owner Payroll: N/A

Employees: 3

Absentee Owner: No

Lease Option: $104 Increase Every 5 Years

Location

Real Estate: N/A

Monthly Rent: $4,500

Square Footage: 3900

Summary

Reason For Sale:

Retiring

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LISTING OWNER