This old-fashioned candy shop is reminiscent of a quaint, small town store you visited when you were a kid. The store comprises 1,150 sq ft and leases for $2900 per month until 2014 with a 5 year option. The sale includes all of the business's furniture & fixtures valued at approximately $20,000.
Current Status: Off The Market
Posting #: 179808
CONTACT IS A
Intermediary
BUSINESS LOCATION
North Glendale
AREA(S) AVAILABLE
Los Angeles County
COUNTIES AVAILABLE
Los Angeles
ADDRESS / CITY / ZIP
Glendale
FINANCIAL INFORMATION
Asking Price:
$9,995
Down Payment:
$9,995
Annual Revenue:
$99,600
Annual Adjusted Net:
$6,000
DETAILS

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Training And Support

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Bkr Cooperation - Call
OLD FASHIONED CANDY SHOP ICE CREAM GIFT STORE IN NORTH GLENDALE FOR SALE DETAILS
This old-fashioned candy shop is reminiscent of a quaint, small town store you visited when you were a kid. Serving the local and adjacent communities, it features nostalgic candies of yesteryear, imported candies, bulk gummies & chocolates of all kinds, salt water taffy, ice cream, frozen bananas, nostalgic sodas and offers custom gifts and party favors for all kinds of events. The store's location provides excellent visibility and minimizes the need for formal advertising. The location also offers abundant parking, excellent freeway access, and significant foot traffic. The area attracts both local residents and is a tourist destination.
The store comprises 1,150 sq ft and leases for $2900 per month until 2014 with a 5 year option. The sale includes all of the business's furniture & fixtures valued at approximately $20,000, as well as a functioning e-commerce website and goodwill. Inventory is valued at approximately $7000 - $8000 and can be purchased as part of the sale. The store employs 3 part time employees. Owner works only 5 hours per week. An owner-operator can increase cash flow by approx. 1,300-1,400/mo by working in the store.
This store is highly unique, has a loyal following, a high number of Yelp site hits, and has become known as the "hard to find" candy store serving movie sets and premiers. There is significant sales upside in untapped opportunities (parties, fairs, schools, gift baskets, etc.) for someone willing to expand into these untapped areas. New owners may want to consider expanding inventory to include more diverse candy and confectionery items. Untapped business potential includes country club liaisons, a more robust online presence for e-commerce business and participation in farmer's markets and street fairs. This is a "feel-good" business perfect for an owner-operator.
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