Activities and Gift Shop For Sale in NC

Asking Price$259,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$266,186

Inventory$46,000
Not included in asking price
FF&E$4,500
Included in asking price
Real EstateNot Disclosed

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Activities and Gift Shop For Sale in NC


Asking Price$259,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$266,186

Inventory$46,000
Not included in asking price
FF&E$4,500
Included in asking price
Real EstateNot Disclosed

Business Description
LISTING ID # 34658

Coastal North Carolina is a rapidly growing area and is one of the top vacation destinations in the state. With a 20-year history, this unique gift specialty retail and family fun kid activities shop is one of the area's top attractions. Sales have shown steady increases over the years. The store has an ideal location that benefits from a lot of foot traffic. This gift shop has very little competition. It has a great selection of in-stock and souvenirs, which includes Del Sol color-changing products, T-shirts, silver jewelry with semi-precious stones, and sea shells. It also retails local art such as wind chimes, ceramics, jewelry, paintings, and hats. A major draw is the shop's family fun and kid activities, including hair wraps and braids, henna and airbrush tattoos, and sand art creations. The new owner could increase sales by opening 7 days vs. 6; advertising (none now); and expanding the wholesale operation, which accounts for 25% of sales. The seller is selling due to retirement and will provide training and is open to considering some seller financing. Owners are willing to stay on as employees if desired.
About the Business
Years in Operation
21
About the Sale
Transition Support
Seller will train
Listing Info
ID
2405977
Listing Views
376

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2405977 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. See our full Terms of Use. Learn how to avoid scams.