Minnesota Apparel & Gift Shop

International Falls, MN
Koochiching County


Asking Price: Annual Revenue:
$1,195,000 $605,214

Retail: Clothing & Accessories


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RE: Minnesota Apparel & Gift Shop Broker: Steve Bragg

Quick Facts

Asking Price: $1,195,000
Annual Revenue: $605,214
Net Profit: Not Disclosed
Cash Flow: $207,509
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: $250,000
Year Established: 40
Employees: 14
BBN Listing #: 32628483
Broker Reference #: 11017 SLB

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Business Overview:

International Falls, Minnesota apparel and gift shop known as “The Last Building in the US,” open from May – October servicing 25,000-30,000 travelers going to and from Ontario. Unique interior displays and fixtures present a vast assortment of products. Three nice apartments above for additional income or for owners to live on premises. Good annual cash flow for owner/operator working 5 months. Possible partial seller financing. For more information, please contact Steve Bragg.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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