Gift Shop/Gallery

Asking Price$120,000

Cash Flow
$40,000

EBITDA$40,000

Gross Revenue$340,000

Inventory$90,000
Not included in asking price
FF&E$6,000
Included in asking price
Real EstateNot Disclosed

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Gift Shop/Gallery


Asking Price$120,000

Cash Flow
$40,000

EBITDA$40,000

Gross Revenue$340,000

Inventory$90,000
Not included in asking price
FF&E$6,000
Included in asking price
Real EstateNot Disclosed

Business Description
The business is a gift gallery, featuring an ever-changing assortment of jewelry, glass, pottery and textiles, as well as candles and a card selection. They offer a variety of home décor items. With a current emphasis on American made merchandise.
About the Business
Years in Operation
7
Number of Employees
5
Facilities & Assets
Computer equipment, many displays and some leasehold improvements.
Market Outlook / Competition
The area has a number of local gift shops, but the demand for such stores remains very high. Currently has a niche with American made products.
Opportunities for Growth
This store has a niche for American made products, but there is room to expand the product offering into other high margin items which will significantly increase profitability. The introduction of higher margin, non-USA made merchandise will not detract from the store’s essence but should yield increased sales and margin.
About the Sale
Seller Motivation
Owner looking to retire
Transition Support
Owner willing to assist on part-time after initial transitional training. The length of the transitional training period is negotiable.
Listing Info
ID
2395178
Listing Views
268

Contact Seller

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Business Listed by: Hilton Sher Hilton Head Business Brokers, Inc

Listing ID: 2395178 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.