Seller's Contact Information
- RE: Gatlinburg Retail Gift And Souvenir Shop/Smoky Mtn
- Contact: Sheila Hansen
Quick Facts
| Asking Price: | $369,900 | |
| Annual Revenue: | $325,212 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $170,434 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $36,425 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2011 | |
| Employees: | 2 | |
| BBN Listing #: | 367254611 | |
| Broker Reference #: | 5182-811100 |
Business Overview:
Charming retail gift and souvenir shop on the Parkway in Downtown Gatlinburg. Tourists visiting the Smoky Mountains enjoy shopping for special gift items and souvenirs at this wonderful store. Location: This second-floor shop enjoys year-round busy foot traffic. Adjacent to the main Parkway at the busy end of the strip.
The store is large, clean, well-organized and fully stocked with a variety of gifts and souvenirs. They have over 70 vendors offering unique, exclusive and trending products. Since their opening day, their products and customer service have attracted repeat customers from all over the United States and around the world. It’s a super fun place to work and be your own boss. As they say, it's not work if you are having fun! 12-14 million tourists visit the Gatlinburg, Sevier County, Smoky Mountains every year. The foot traffic in downtown Gatlinburg is significant!
Successful, high profit margins; enjoy adding your own touch within this spacious store!
Do not delay, get in touch with broker today to request more information about this fun business.
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Property Features and Assets:
Opened in 2011 with just a table and a few products. Now sells thousands of products all beautifully displayed in this spacious shop.
Market Competition and Expansion:
This is not your regular average Tee shirt/ Souvenir store. They carry and sell vast varieties of Merchandise from 70 or more vendors and have a very good relationships with those vendors which are established over the period of 12 years and over. Their merchandise and inventory are constantly changing and updated as per the market upward trends and demands. Increase advertising, add a website with online shopping, promote more direct shipping to customers in store, add higher priced products with higher profit margins. Business could add more locations and operate in various areas throughout Sevier County. Tweak product lines to cater to different types of customers. Customize your own shopping bags which will also provide free advertising. Add your own personal touch to this successful shop. Numerous opportunities here.
Reason for Selling:
relocating
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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