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- RE: Gift Shop Business-only In Gatlinburg, TN!
- Contact: Kavita Purohit
Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $290,823 | |
Net Profit: | $150,013 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 944005 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Price reduced to $399,000 plus inventory! Inventory is worth at least $100,000. Seller is willing to give the inventory away at a discounted cost of $50,000!
Take advantage of the Summer Sales! Extremely High Tourism in Gatlinburg during the Summer!
Yearly net sales are currently over $290,000! Net profit is over $150,000 per year AFTER paying $65,000 in Payroll and all other expenses! The $65,000 Payroll includes a Manager's Salary of $48,000 per year!
Seller rarely works on the floor of the store! Huge opportunity for the Buyer to owner-operate and take home more than $200,000 per year by reducing payroll and working the floor!
Products are high margin items! Seller's margins are an average of 84%!
Price Reduced to $399,000 plus inventory! Inventory is currently estimated at $100,000 at cost which Seller is willing to give away at a discounted cost of $50,000!
If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Average traffic count of 11,400 vehicles passing by the Mall each day!
Reason for Selling:
Sellers are looking to relocate.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Tennessee businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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