New property listed in Coastal South, La Jolla
Our office has listed a new property at 2132 Avenida de la Playa in La Jolla.
Exciting Opportunity to Own a Classic Southern California Surf Shop in La Jolla Shores with Extremely Profitable Business Model. Exceptional location, two short blocks to the beach, neighboring La Jolla Beach & Tennis Club and La Jolla Shores Hotel, capturing high-end local, national and international visitors. Same owner for past 30 years is retiring, but willing to share lessons resulting in average Annual Gross Revenue of $525,000 and Net Earnings of $300,000 with very low overhead. Sale price includes all inventory, equipment, vendor relationships and goodwill. Business is operating at full speed and ready for new owner to step in and keep going. NNN Lease extends through September 30, 2025 with option for additional year. Owner my carry some financing, Landlord to approve purchase.
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