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    2400 Sonoma Avenue

    Santa Rosa, CA 95405
    • $295,000
    • STATUS: Active
    • ON SITE: 100 days
    • ID#: 22030316
    $295,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Established in 1981, The Classic Duck has years of profitability in two separate locations. This beautifully curated gift store focuses on women accessories such as jewelry, scarves, and hats as well as home & garden decor, personal care products & gift items. Visiting this store during fall and winter season has become a welcomed tradition for many households due to their amazing display of Holiday gifts & accessories. Evidenced of its popularity, this gift store has a 3 yr average of $1.8M in annual gross sales with 2020 showing an impressive SDE $147K & $1.1M in gross sales in the unusual year! Growth may occur with the development of online sales. Owner works approx. 30 hours a week in peak Holiday season & 20 hours a week for the rest of the year. Inventory is valued at approx. $400k and not included in the purchase price. Buyer will be required to negotiate a new lease with base rent. Shopping Center has plenty of onsite parking. Seller Financing is available to qualified buyer

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    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Zephyr Real Estate. Data last updated: 2021-04-10T23:56:32.597.
    www.teamobrienre.com/homes/112944049
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    2400 Sonoma Avenue Santa Rosa, CA 95405

    • Price: $295,000
    • Status: Active
    • ID#: 22030316
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Santa Rosa-Southeast
    County:
    Sonoma
    Area:
    Santa Rosa-Southeast
    Property Description
    Established in 1981, The Classic Duck has years of profitability in two separate locations. This beautifully curated gift store focuses on women accessories such as jewelry, scarves, and hats as well as home & garden decor, personal care products & gift items. Visiting this store during fall and winter season has become a welcomed tradition for many households due to their amazing display of Holiday gifts & accessories. Evidenced of its popularity, this gift store has a 3 yr average of $1.8M in annual gross sales with 2020 showing an impressive SDE $147K & $1.1M in gross sales in the unusual year! Growth may occur with the development of online sales. Owner works approx. 30 hours a week in peak Holiday season & 20 hours a week for the rest of the year. Inventory is valued at approx. $400k and not included in the purchase price. Buyer will be required to negotiate a new lease with base rent. Shopping Center has plenty of onsite parking. Seller Financing is available to qualified buyer
    Exterior Features

    Parking Total 0 Property Condition Exterior-ExcellentInterior-Excellent Road Frontage Type City Street

    Interior Features

    Cooling Central Flooring Wood

    Property Features

    Annual Accounting Expense 0 Annual Advertising Expense 0 Annual Cost Goods Sold 0 Annual Salaries 0 Annual Telephone Expense 0 Annual Utility Expense 0 Auction No Availability Date 1/1/1800 12:00:00 AM Building Features Display WindowOutside SignRest Room(S)-Private Business Name The Classic Duck Business Type ClothingDecoratorGift ShopJewelryRetail Electric 200 To 400 Amp Service Employees Owner Will TrainOwner Works Part-Time Estimated Inventory Amount 0 Estimated License Value 0 Gross Income 1800000 Inclusions Fixtures & EquipmentGoodwill Insurance Expense 0 Lease Deposit Amount 0 Lease Renewal Option YN No Lease Type Net Licenses Expense 0 Net Operating Income 0 Operating Expense 0 Other Expense 0 Ownership Type Corporation Property Sub Type Business Opportunity Property Type Businessopportunity Rent Per Month 0 Seating Capacity 0 Security Features Fire AlarmFire Suppression SystemSmoke Detector Sewer Public Sewer Special Licenses Business Supplies Expense 0 Water Source Public

    Listing information © 2021 Bay Area Real Estate Information Services.
    Listing courtesy of Jeff Sacher of Santa Rosa Business & Commercial.


    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Zephyr Real Estate. Data last updated: 2021-04-10T23:56:32.597.
     
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