MergerPlace

Profitable Gift Shop

Florida (Manatee)


  • Asking Price: $119,000
  • Gross Income: $284,646
  • Cash Flow: $84,229
  • Real Estate: Not Disclosed
  • Inventory: $39,556
  • FF&E: $9,865
  • Listing ID: #201750
  • Established: 2009
  • Employees: 2 PT

Business Description

This is a store offering; quality T-shirts, Gifts, Decorative items, Licensed/Branded items. Products have high margins, yet are priced competitively. The store has a great location which results in a large amount of foot traffic. The product mix appeals to many repeat customers as well as tourists. The owner has maintained detailed sales records which are departmentalized by product category. The husband and wife owners work at the store 3-4 days per week and only use 2 additional part-time employees.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida
County: Manatee

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 PT

Financial Information

Asking Price: $119,000
Gross Revenue: $284,646
Cash Flow: $84,229
FF&E: $9,865
Inventory: $39,556
Seller Financing Available: Yes

Property Information

Facilities:

The store has a premium location within an enclosed mall.

Growth & expansion opportunities:

Although many customers ask about it, the current owners have not developed a website. Because they offer a popular mix of items, there could be active internet sales. Also, additional marketing could result in additional sales.

Competition:

This store is located within a mall with numerous other shops. While there are a few other shops with some of the same products, this store has an advantageous location within the mall. Located in Florida close to several prominent vacation destinations along the beaches, provides a good flow of tourists wishing to buy items to memorialize their visit to the area.

Reason for selling:

Owner to retire.

Support & Training:

Will train for 4 weeks @ no cost. Products include; quality T-shirts, Candies, Decorative Items, and Licensed/Branded items. This is a retail store open 6 days a week. Standard business licenses are required. The store is fully approved by the Health Department for the sale of candies. A new owner should understand basic retail management and inventory controls.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Mark Purtee

Murphy Business Brokers