Ocean Beach, San Diego
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Listing No.: 106-20506
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Category: Retail
| Asking Price | $267,765 |
| Down Payment | |
| Gross Revenue | $770,566 |
| Total Adjusted Net Income | $84,178 |
| Equipment / Fixtures | |
| Year Established | 1919 |
| General Location | Ocean Beach, San Diego |
Dylan McGrath
- Office: (858) 578-4111
- Cell: (760) 780-9204
- businessforsaleinsandiego.com/
- License #: CA DRE 01883640
Trish Amen
- Office: (858) 578-4111
- Cell: (858) 353-0191
- License #: 02118080
- Office: (858) 578-4111
- Cell: (760) 780-9204
- businessforsaleinsandiego.com/
- License #: CA DRE 01883640
- Office: (858) 578-4111
- Cell: (858) 353-0191
- License #: 02118080
Incredible Opportunity! OB Hardware is an institution in Ocean Beach. In business since 1919 and is currently doing the best numbers it has ever done! Under new ownership since early 2019. Sales have increased 50% under new owner. Heavy investments in new revenue streams such as gardening, improved layout maximizing space by adding more retail. This business is loved and adored by everyone in Ocean Beach. Passionate community for preserving mom and pop businesses. Owner is moving to another state to be with family. Please call, text or email Mitch for more info (404) 272-9108. Hurry - this one is sure to go fast!
| Gross Revenue | $770,566 | Listed Price | $267,765 |
| Total Income | $84,178 | Down Payment |
| Base Rent | Square Feet | 3550 | |
| Total Rent | $9,248 | Lease Expiration | 09/2021 |
| Rent Deposit | $17,100 | Lease Options |
| Inventory | $183,587 | Leasehold Improvements | $0 |
| Equipment / Fixtures | Other Assets |
| Full-Time Employees | Training Period | Two Weeks | |
| Part-Time Employees | 8 | Special License Required | |
| Contract Staff | Reason for Selling | Moving |
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.