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Business For Sale

Convenience / Gift Stores (2), National Hotels

Salt Lake City, UT

Retail: Florists, Gifts, Cards

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$239,000
$211,297
$38,904
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$42,000
Not Disclosed
1997
5
62471776

Business Overview:

YEAR TO DATE SALES ARE ABOUT 40% GREATER THEN THE SAME PERIOD FOR 2011. Fully Stocked, turn-key operation; This purchase includes two, well established, low rent, hotel gift shops that sell Utah souvenirs, sweatshirts, t-shirts, jackets, purses, jewelry, toys, games, beverages, snacks, and more to hotel guests and the local community. These are National Hotels. One is located in downtown Salt Lake with 390 rooms, and caters to tourists. The other is near the SL International Airport with 300 rooms, and holds many conferences. They have responsible employees and each store has a Point of Sale (POS) System that tracks Sales, inventory, and provides suggested re-order reports. The purchase price includes $120,000 of inventory at cost, with a retail value of $356,268. The profit of $38,904 is for the current owner who only works about 10 hours per week. A full time owner could make $50,000 - $60,000.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Located inside national hotels.

Reason for Selling:

Other business and personal

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 not a franchise resale opportunity.

Resources: