Unique Stationery & Gift Shop PRICE REDUCTION
Location: Utah > Salt Lake County
Industry: General Merchandise > Other General Merchandise
Financials
Asking Price: $145,000
Gross Revenue: $246,897
Cash Flow: $35,594
Inventory: $65,000 (Included in Asking Price)
FF&E: $12,000 (Included in Asking Price)
Seller Financing: Seller is asking $60,000 down and will finance the balance at 8% for 3 years.
Business Summary
This unique shop was established 17 years ago and has become known for their unique seasonal items and folk art. Another strength of the shop is jewelry that come form US designers.
The heart of the business is stationery and invitations, with wedding invitations being their strongest. Around $33k per year is custom personalizing is ordered through the store. They also have on site equipment to handle the printing for smaller numbers of invitations for events like bridal showers, baby showers, dinner parties, etc. There is great growth potential with the addition of a web site.
About the Business
Year Established: 1992
Employees: 0 full time - 6 part time
Facilities: The store has 1200 square feet . All display cases are included which includes a 1920's British upright secretary.
About the Sale
Management Training and Support: 40 hours training and 5 year non-compete in 5 mile radius.
Reason For Selling: Family
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Listing Tools
BizQuest ID:895505
Seller ID:S-3514
Business Listed By
Name:Business Broker
Company:Business Resource Center SLC
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.