Business For Sale

Bay Area Scrapbook Store

San Jose, CA
Santa Clara County

South Bay Area

Asking Price: Annual Revenue:
$170,000 $665,647

Retail: Florists, Gifts, Cards, Books

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RE: Bay Area Scrapbook Store Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $170,000
Annual Revenue: $665,647
Net Profit: $47,091
Cash Flow: $47,091
Total Debt: Not Disclosed
FF&E: $105,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 9
BBN Listing #: 4722931
Broker Reference #: 8599

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Business Overview:

Bay Area Scrapbook Store BTI 8599
This is a long time high grossing scrapbook store with a loyal customer base. The price includes $90,000 in inventory at seller's cost. The store offers a wide variety of supplies for scrapbooking and mixed media supplies for card making, watercoloring, oil painting, book making, book binding and other arts and crafts projects. They also offer a variety of antique furniture for sale. The store conducts in house "hands on" art classes and seminars on a regular basis which are presented to their clientele by professional artists and designers. These classes and seminars enjoy a wide following both in and out of the bay area. Some attendees drive several hours to attend the classes and have been very appreciative about the skill sets they've acquired through the classes and seminars.
The seller works in the business full time and employs 4 full time and 5 part time employees and will provide training for the buyer for forty hours per week for two weeks. BTI 8599

Purchase Price: $170,000 Down Payment: $170,000
Price Includes Inventory @ $90,000 @ Seller’s Cost
Sales: $665,647 Adj. Cash Flow: $47,091 As of Dec 2017 from Fed Form 1040 Sch C
Real Estate Avail: No Lease Only
Size 6,060 (Sq Ft) Rent: $6,666 Plus NNN: $1,563 $1.36 Per Sq. Ft. per month
Rent Increases per Lease Schedule Lease Exp: 7/8/2019 Option Yrs: 6 Sec. Deposit: $5,151
Hours: Mon - Friday 11:00 / 7:00 Sat 11:00 / 6:00 Sunday 11:00 / 5:00

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Property Features and Assets:

Size 6,060 (Sq Ft) Rent: $6,666 Plus NNN: $1,563 $1.36 Per Sq. Ft. per month Rent Increases per Lease Schedule Lease Exp: 7/8/2019 Option Yrs: 6 Sec. Deposit: $5,151

Reason for Selling:

Leaving Area

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.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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