Retail Profits!
Business Description
Ideally located in Southern Maine's most popular retail shopping area. This unique gift store has been in business for over 30 years...and counting! A long-term lease secures this premier location. Annual revenues exceed $1.1 million. Annual Cash Flow approximates $235,000. Seller financing available for qualified buyers. FUN to own and operate!!
About the Business
- Years in Operation
- 30
- Employees
- 6 (1 Full-time, 5 Part-time)
- Facilities & Assets
- Premier location in very busy shopping area in Southern Maine. Approx 3,000 sf of retail space, as well as approx 3,000 sf of dry-storage space below. Current lease runs thru 2029, with a 10-year renewal option available thereafter.
- Opportunities for Growth
- Numerous growth opportunities, including: On-Line Sales, Extended Store Hours, Additional Products, etc.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,000
- Lease Expiration
- 3/31/2039
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Turn-key operation. All training and transition as-needed for a new owner.
- Financing Options
- Negotiable
Listing Info
- ID
- 2526567
- Listing Views
Listing ID: 2526567 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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