Upscale Gift shop in OKC Metro

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Where Class meets Cozy
Asking Price:
$788,600

Gross Revenue:
$569,060
Cash Flow:
 Not Disclosed
EBITDA:
$148,887
Inventory:
$114,978
included in asking price

FF&E:
$28,882
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This well-established gift boutique has been operating for 30 profitable years. Located in an upscale shopping center in the growing Oklahoma City metro area, this boutique receives consistent traffic of new customers as well as it returning clientele following.
Features include:
Fully stocked inventory
2200 sq ft shop area, leased and transferable
Well established clientele
Name brand inventory: Tyler Candles, Sid Dickens Tiles, Vionic Shoes, Jan Barboglio, and more.
Boutique women's and children's clothing,
Furniture and fixtures with a unique decorating style, and
A wonderful collection of bath and body products.
This business currently only sells locally and turns a handsome profit. Sales growth potential with the addition of internet presence would definitely make way for a crazy return on investment.

About the Business

Number of Employees:
2 FTE, 3 PTE
Relocatable:
Yes
Market Outlook/
Competition:
Sales are targeted to local clientele, but substantial growth potential is possible with the implementation of internet sales.
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About the Sale

Reason For Selling:
Owner is ready to retire.
Training/Support:
Owner will provide 1-week transitional training if needed, with paid on-going consulting for a time determined by both parties.
Cash Flow Comments:
Company has no debt. All inventory purchased on cash basis.

Listing Info

Keywords:
boutique, gifts, home decor, clothing, fragrance, upscale, sid dickens, jan barboglio, nest fragrance, vionic, shoes, chandeliers, furniture, specialty, children, clothes, spices, unique gifts, brand name, artisan, chic, cottage, design, profitable, return on investment, ROI,
ID:
1393090
Ad Detail Views:
243

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U.S. Census Data for Oklahoma
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Oklahoma
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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