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Quick Facts
Asking Price: | $1,200,000 | |
Annual Revenue: | $1,570,562 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $366,306 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 6 | |
BBN Listing #: | 654954611 | |
Broker Reference #: | 5182-582293 |
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Business Overview:
If you ever wanted to own your own business, now's the time. This is one of the most visible, successful, profitable shops in the area. This is truly a TURN-KEY, well-stocked shop - you can start tomorrow!
Retail Store offering Gifts and Souvenirs
T-shirts /Clothing
Hiking Sticks /Patches/Gear
Mugs and Glassware
Food Items/Brand Canned Goods
Shoulder/Handbags
Home/Cabin Decor / Wall Hangings
This business is located in a prime retail area of Gatlinburg, Tennessee. Retail location and optional off-premise warehouse where excess inventory is stored. In March of 2021, they experienced significant growth after doing a store reset This is a rare opportunity to own a long-established gift and souvenir shop in the Smoky Mountains of East Tennessee. Profitable business with excellent potential! This gift and souvenir shop enjoys enormous foot traffic daily, year-round! Millions of Tourists pass through here every year - voted #1 Family Vacation Destination year after year! Home of Dolly Parton, Dollywood, and the Great Smoky Mountains National Park!
Established more than 30 years ago as a gift and souvenir shop catering to the millions of tourists who pass through the area annually.
While there are numerous souvenir and gift shops in the area, this consistently successful and profitable shop has no competitors in close proximity with the same product lines and hometown, local flavor.
Business could become a franchise and operate in various areas throughout Sevier County. Tweak product lines to cater to different types of customers. Owner has been experimenting with some higher dollar items, such as hand-crafted knives, and unique Dolly Parton t-shirts.
Facilities are in good condition and premises are well-maintained.*
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Reason for Selling:
Retiring
Additional Details:
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