Gift & Book Store with Property

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Main Street business and property in beautiful coastal town
Asking Price:
$295,000

Gross Revenue:
$174,362
Cash Flow:
$49,500
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$140,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$308,000
included in asking price

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Business Description

Gifts, Books, Toys & Children's Clothing
Set in a beautiful seaside town in Plymouth county, this retail store offers a variety of products including gift items, books, toys and children clothing. Property and business are being sold together. The building is comprised of three floors totaling approximately 2,200 square feet. Store sales have grown steadily for the last 3 years with 2018 sales exceeding $170,000.
The gift business is a fun business with high gross profit margins. For 2018, the store’s gross profit was close to 50%! Opportunities for growth include expanding store hours, increasing advertising, increasing social media presence, implementing online sales and adding weekly children’s story-time.

About the Business

Location:
Plymouth County, Massachusetts
Real Estate:
Owned
Building Sq. Ft.:
2,200
Facilities:
Approximately 2200 square foot condo with three floors of retail space. Store is located in the center of town within a seaside community. Asking price includes property. The property is assessed at $308,000. Our asking price for the property and business is $295,000 plus inventory at seller's cost.
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About the Sale

Reason For Selling:
retiring
Training/Support:
whatever is reasonable

Listing Info

ID:
1646906
Ad Detail Views:
0

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Business Listed by

Buddy Carp

Squizzero, Carp & Associates

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