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Ocean Beach, San Diego

  • Listing No.: 106-20506

  • Category: Retail

Asking Price $199,000
Down Payment
Gross Revenue $770,566
Total Adjusted Net Income $84,178
Equipment / Fixtures
Year Established 1919
General Location Ocean Beach, San Diego
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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 $199,000
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.

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