MergerPlace

Exclusive Gift Store - Niche Market

Massachusetts (Barnstable)


  • Asking Price: $96,400
  • Gross Income: $574,885
  • Cash Flow: $63,570
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $14,000
  • Listing ID: #209602
  • Established: 1987
  • Employees: 1 FT / 6 PT

Business Description

This 3900 sq. ft. store, profitably operating for over 30 years, is offered for sale as a “turn key” immediate opportunity. Recently renovated facility with contemporary merchandising lay out and new Point of Sale system. The store is stocked, well merchandised and ready Knowledgeable manager in place 21 years supervises employees and day to day functions & controls. Year-round sales and customers, diverse product offering; gifts, women’s fashion, jewelry, specialty chocolates, home goods and holiday specialties. National brands Rewards Program with national advertising support. Significant potential…these stores rarely become available.

Not the typical Cape Cod gift shop, the store is located within a busy central shopping center anchored by national branded retailers and local favorites. Two years remain on the current lease, options are available to renew or relocate.

Owner is willing to stay on and train for a reasonable period and offer a non-compete agreement. Personal circumstances have necessitated that the owner reluctantly bring the business to market. This a Bonus Value offering.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Massachusetts
County: Barnstable

Company Information

Year Established: 1987
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT / 6 PT

Financial Information

Asking Price: $96,400
Gross Revenue: $574,885
Cash Flow: $63,570
FF&E: $14,000
Seller Financing Available: No

Property Information

Facilities:

3900 sf leased, window store front in strip mall with three national brand anchors.

Competition:

There are no other similar stores of this size in the trade area.

Reason for selling:

Owner Personal

Support & Training:

Will train for 4 weeks @ $0 cost. Home & personal gifts, cards, stationary, wrappings, jewelry, women's fashion, specialty chocolates made locally, holiday specialties. Basic retailing, merchandising, buying and money management skills are helpful.

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Business Listed By:

John Dirkmaat

Murphy Business Brokers