Price: $200,000
Location: San Diego, CA
Industry: Other Retail
Listing ID: 01985421WJ
Listing Status: New
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.
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
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
Real Estate: N/A
Monthly Rent: $4,500
Square Footage: 3900
Reason For Sale: Retiring