Iconic Retail Business (10+ Years of Remaining Lease) - Business for Sale
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Retail Store with 15,000 Sq Ft in Port Townsend, WA
WA, US
Added 1 month ago
Retail Stores
Retail business in Port Townsend, WA offering a wide range of products, including locally sourced lifestyle items, operating from a 15,000 sq ft space and serving both local residents and tourists.
Key Information
Asking
$2.1M
Revenue
$4.0M
Earnings
$600K
Multiple
3.5x
Key Highlights
- Business operates in approximately 15,000 square feet of retail space
- Lease runs through June 30, 2032, with an option to extend through June 30, 2037
- Current rent is $11,000 per month plus an estimated $6,250 in triple net charges
- Staff consists of 20 to 21 full and part-time employees
- Business is located in Port Townsend, Jefferson County, WA
Contact Info
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