The local's favorite gift shop!

Not Disclosed, NC
Wake County


Asking Price: Annual Revenue:
$130,000 $163,517

Retail: General Merchandise - Retail


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RE: The local's favorite gift shop! Broker: Aaron Tschetter

Quick Facts

Asking Price: $130,000
Annual Revenue: $163,517
Net Profit: Not Disclosed
Cash Flow: $21,886
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 2
BBN Listing #: 783056491
Broker Reference #: 67675-580033

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Business Overview:

A retail splendor, "One stop Shop," offering specialty products to meet the needs of those looking to update their homes, wardrobes, or gift giving at a reasonable price. This established, variety retail shop, has been a local best for the last 13 years. The merchandise is unique and stylish including departments like Drinking, Candles, Clothing, Accessories, Jewelry, Home Decor, Garden Decor, Gifts, Baby, Serving and Holiday.

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Property Features and Assets:

This well established store is owned by a former retail executive who used her career experiences to open her own retail shop. The last 13 years this business has met the needs for those looking for a special gift or those that like one of a kind jewelry made by artisans from around the world or even a simple handmade card. The owner goes on multiple buying trips throughout the year keeping abreast of new product lines and changing trends. As the business grew, new departments were added to expand the variety of products. The beautiful displayed departments are eye catching and unique in their own way and change with the seasons.

Market Competition and Expansion:

This business is unique and separates itself from other variety shops because the diverse selection of goods has an emphasis on style, selection and price. Whether it's the man in your life or that special lady, you will be able to find a gift that puts a smile on their face. There is a local artisan department for those wanting to support NC business and seasonal offerings that are one of a kind. The women's clothing & jewelry department has grown into a customer favorite and the drinking department is a must see for those who enjoy adult beverages. The new mother also has a department filled with fun gifts that every mom would appreciate.

Reason for Selling:

Retirement

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.

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