High end Stationery - Prime location, Specialty Retail Storefront

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Asking Price:
$100,000

Gross Revenue:
$325,381
Cash Flow:
$50,682
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$79,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Well established Boutique Stationery Store in business for 40 years. Located in a beautiful shopping area of Greenwich, they cater to affluent customers who love luxury collector's items. The business has high margins and upside potential.

They carry luxury brands of stationery items like Omas pens, Caspari paper products, designer greeting cards, leather goods from Graphic Image. Their collection of Corporate gifts includes items like crocodile leather photo frames, business card cases, Addison Ross photo frames and Feinberg Silver. These items have high margins.

A brand name in the wedding stationery business. They have been designing stationery for successive generations of the same families. They own design albums of Vera Wang and others showcasing different textures of paper and work with a renowned designer for hand engraving wedding cards.

Art exhibits and Street festivals in front of the store and a salon next door attract a lot of foot traffic. The marketplace is also an attraction for tourists and is easily accessible by the train station. Parking is available on the street in front and in a private parking lot at the back of the store.

There is opportunity to grow the business online by promoting web or social media marketing. The owners are looking to retire soon and would accept a reasonable offer.

Please call us at 855.678.1230 or email ann@atlasbb.com to pursue your interest in this business.

About the Business

Location:
Greenwich, Connecticut
Year Established:
1977
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
1,000
Rent:
$7,400.00 Per Month
Lease Expiration:
4/1/2021
Facilities:
The monthly rent is $7,400. Additional space in basement for inventory. The business owns approx 100 Design Albums of Vera Wang, William Arthur, Crane & Co. etc of substantial value.
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About the Sale

Reason For Selling:
Retire and spend time with family
Training/Support:
Available

Listing Info

ID:
1546721
Ad Detail Views:
548

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Business Listed by

Arti Gupta

Atlas Business Brokers

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