Cannery Row Gift Shop - Prime Location

Cannery Row is ranked #1 as Monterey’s Central Coast’s premier visitor destination. Attracting over 5 million visitors annually, Cannery Row is home to some of the most luxurious hotels, world-class restaurants, boutiques & galleries, spas, premium wine tasting & exciting recreation that Monterey has to offer. The breathtaking coastline of the Monterey Bay plus the world class Monterey Aquarium round out the Cannery Row tourist experience. Parking is never a problem, and everything is within walking distance. Owned by the current owner for the last 6 years, this thriving, compact gift store is located smack in the central heart of Cannery Row and directly fronts the street - a truly prime, rarely available, very visible location. Compact in size, this business generates steady sales and profits year after year. Pristine financial documentation shows an average annual profit over the past 3 years of approximately $140K per year. Simple to run with 1 or 2 employees, this is the perfect business for an owner-operator or an investor looking for additional cash flow. Inventory is primarily high-quality unique t shirts, sweatshirts and hats and related tourist souvenirs. Attractive assumable lease is available. Current owner runs multiple other successful similar businesses and lives in Southern California. He is selling this location to simplify his life by only operating businesses near his family, which is why he is selling this location for only $269,000 plus inventory. Contact Carmel Business Sales for more information. Location: Monterey, California