Business Overview:
This acquisition opportunity is a well-established Hallmark Gold Crown card and specialty gift store with an upscale twist. Founded in 1993, the company offers vast variety of signature greeting card, keepsake ornaments, and designer stationary as well as exclusive gifts for all occasions. The company is well established and well known throughout the community and the specialty gift industry. The company s recognized and renowned reputation is its best form of marketing. Marketing e-mails with special offers and incentives are sent out monthly to their extensive customer list by the parent company. The business provides a customer loyalty rewards program to 7,500 recipients per month. Non-Hallmark products represent over 60% of overall sales. All employees are part-time with no benefits, and the company does not rely on any key employee, staff member, or owner. Great opportunity for absentee ownership. The strip center is currently experiencing a fresh remodel with resurfaced parking lot, and a new up-market roof and painting. The shopping center has three national anchor tenants and is 98% occupied. The company is nestled in a premier shopping plaza with highly visible signage. The space is leased at $6,600 per month and consists of 3800 sq. ft. is sales floor space. An additional 1,200 sq. ft. warehouse is located off premises at the rate of $1,200 per month. Office hours are 10 a.m. until 8 p.m. Monday through Saturday and Sunday 12 p.m. to 6 p.m.; hours are extended during the holiday season.
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Property Features and Assets:
Included in the Asking Price: Furniture, Fixtures & Equipment of $275,000 and Inventory of $163,000. The company is nestled in a premier shopping plaza with highly visible signage. The space is leased at $6,600 per month and consists of 3,800 sq. ft. is sales floor space. An additional 1,200 sq. ft. warehouse is located off premises at the rate of $1,200 per month. Strip center is currently experiencing a fresh remodel with resurfaced parking lot, and a new up-market roof and painting. The shopping center has three national anchor tenants and is 98% occupied. Office hours are 10 a.m. until 8 p.m. Monday through Saturday and Sunday 12 p.m. to 6 p.m.; hours are extended during the holiday season.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Resources: