Gift Shop

Asking Price$220,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$298,848

Inventory$65,000
Not included in asking price
FF&ENot Disclosed

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Gift Shop


Asking Price$220,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$298,848

Inventory$65,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
This is a great opportunity to own a well-established, well-known Gift Shop in Oakland County. Established in 1987, this cute 1,700 sq. ft. whimsical Gift Shop specializes in Michigan-Themed Gifts, Home Accents, Baby Collections, Handbags, Gift Cards, Candles, Clothing, Soaps, Kitchenware, Books and so much more. The store offers walk-ins, online ordering along with shipping options and local delivery services. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding additional retail items, joining the Chamber of Commerce and opening satellite locations, you have HUGE potential to the already solid gross sales and cashflow. Seller willing to stay on board through the transitional period and train. A must see/must have business that will not disappoint or last long. Turnkey operation only needing a new owner/operator. Seller financing is available along with training. Call Armen Nazarian Business Brokers
About the Business
Years in Operation
38
Facilities & Assets
Established in 1987, this cute 1,700 sq. ft. whimsical Gift Shop specializes in Michigan-Themed Gifts, Home Accents, Baby Collections, Handbags, Gift Cards, Candles, Clothing, Soaps, Kitchenware, Books and so much more. The store offers walk-ins, online ordering along with shipping options and local delivery services.
Opportunities for Growth
Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding additional retail items, joining the Chamber of Commerce and opening satellite locations, you have HUGE potential to the already solid gross sales and cashflow.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,700
Rent
$2,500.00 per month
About the Sale
Seller Motivation
Retire
Transition Support
Seller will Train
Financing Options
$220,000 with $99,000 down. 8% int., amortized over 60 months
Listing Info
ID
2444839
Listing Views
23

Contact Seller

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Business Listed by: Armen Nazarian Armen Nazarian Business Brokers

Listing ID: 2444839 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.


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