This established East Valley business operates like a property management model for small retailers, managing nearly 70 specialty vendor spaces within a 4,875 sq. ft. facility. Each vendor rents a dedicated space month-to-month, providing steady recurring income + a revenue split on all the products the vendors sell. Vendors bring their own products, refresh their booths weekly, and handle their own restocking. A waitlist of over 50 vendors looking to get a spot in this retail location ensures full occupancy year-round and an opportunity for expansion.
Beyond vendor rentals, the company produces multiple community-driven events throughout the year. The brand has won multiple community awards, maintains a loyal following, and has a secure long-term lease through 2030. The business is not currently ran as owner absentee but they have a manager in place and there is upside to expand to additional locations.
- Asking Price:
- $385,000 Furniture / Fixtures included
- Sales Revenue:
- $1,100,000
- Cash Flow:
- $140,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease ends September 2030
- Leasehold Rent:
-
$5,363 per annum
- Size in square feet:
- 4,875
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 1 F/T P/T
- Years established:
- 2021
Other Information
- Support & training:
-
30 Days
- Furniture / Fixtures value:
- $70,000 - included in the asking price
- Inventory / Stock value:
- $40,000
