New
Airport Gift and Convenience Shop
This business is owner operated and has been in business since 2006. The price for this gift and convenience shop is $95,000 and does not include inventory.
Sales breakdown as Gift items 55%; Local Customers 20% and adjacent business employees 25%
Inventory includes souveneers, t-shirt and sweatshirts, children's toys and books, travelers' convenience items, phone chargers, headphones and accessories, mini assortment of Health and Beauty Products, Non-prescription medications, Newspapers, Magazines, pre-packed food, candy and fresh coffee.
Very low competition. The other shop is beyond the security checkpoint. To increase business, owner suggests to sell local products from the Central Valley like nuts and dried fruit. Also, as flights increase, part-time help is needed.
Request sales history for 2020, 2021, 2022 and 2023 Y-T-D.
Listed By: Carol Bennett
Background information
Reference:
53334
Year established:
2006
Reason selling:
Retirement
Finance
Sales:
$124,776
Profits:
$28,762
Profit type:
Discretionary Earnings
Operations
Employees:
Owner Operator, Full-Time.
Equipment:
Cash register, coffee machine, grinder cooler, etc.
Inventory:
Approximately $10,000, not included in sale price
Furniture fixtures and equipment:
Space was built with custom cabinetry and upgraded marble countertops.
Premises
Facility:
Shelving and electrical outlets. Restrooms are located in airport.
Square footage:
400
Rent and lease terms:
7% of gross sales, but minimum $1,600/month + CAM. Seller is on an extension. Landlord knows that the business is for sale is willing to work with a new owner.
Location:
Kern County
Opportunities
Growth:
As flights increase, sales increase.
Market:
Outside of security checkpoint, in entry of airport, and no competition.
Price and terms
Price:
$95,000
Down payment:
$14,250
Financing:
No seller financing available
Training:
2 weeks at 10 hours per week