St. Simons Island Retail Store - High Tourist Traffic

This listing presents an established lifestyle retail store situated in the prime tourist hub of St. Simons Island, Georgia. The business offers a curated selection of clothing, jewelry, home goods, and art, appealing to a broad customer base including both transient tourists and local residents. With a history spanning since 1997, the store has cultivated a strong reputation and a loyal following, evidenced by consistent daily customer traffic and spending patterns. The operation includes a significant inventory valued between $180,000 and $230,000, with healthy profit margins indicated by a 2.5x markup. The 4,000 sq ft leased premises offer potential for expansion, such as introducing interior design services. The current owner is offering comprehensive training (14 days) and support to ensure a seamless handover, and the existing staff are amenable to continuing employment. Financially, the business reported $1,178,248 in gross revenue and $325,602 in total adjusted net income, with an asking price of $825,000. The lease is secured until May 2026 with a 5-year renewal option, and monthly rent is $8,200. This is a strong opportunity for a buyer seeking a well-established retail business in a high-demand location.