Beautiful Gift, Art &Framing shop; $150,000 !

Not Disclosed, MN
Crow Wing County

2 1/2 hours north of metro


Asking Price: Annual Revenue:
$150,000 $195,781

Retail: Home Furniture & Furnishings


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RE: Beautiful Gift, Art &Framing shop; $150,000 ! Broker: Bill Kraemer

Quick Facts

Asking Price: $150,000
Annual Revenue: $195,781
Net Profit: Not Disclosed
Cash Flow: $51,000
Total Debt: Not Disclosed
FF&E: $17,000
Real Estate: $270,000
Year Established: 2000
Employees: Not Disclosed
BBN Listing #: 780840231
Broker Reference #: 8419 b.k.

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Business Overview:

TYPE OF BUSINESS: Beautiful Gift, Art and Framing shop, established over 21 years ago located in a very popular area. They sell prints, canvas prints, posters, originals, framed art, unique furniture pieces, gifts, candles, cards etc. The business enjoys a great reputation and provides it’s customers with a quality product that is competitively priced. They have a great customer base and on-line presents. The hours are Monday through Saturday 9 – 4, business is located 2 ½ hours north of the metro.

FACILITY: The business occupies a building approximately 2,688 square feet space that is part of a quaint shopping area. This beautiful building was built in 2005, wood frame with stucco and brick exterior. The building and property are available for purchase for $270,000.

SALES/CASH FLOW: Gross sales for year ending 2020 were $195,781, 2019 were $191,731, 2018 were $201,728. Cash flow in 2019 was approx. $51,000 to an owner operator. Note :2020 cash flow is approx. the same as 2019.

ASKING PRICE: The owner is asking $150,000 for the business, this includes $17,000 in furniture, fixtures, equipment and $65,000 in inventory (wholesale value). $270,000 for the building and property.

REASON FOR SELLING: Retirement.

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Property Features and Assets:

The business occupies a building approximately 2,688 square feet space that is part of a quaint shopping area. This beautiful building was built in 2005, wood frame with stucco and brick exterior. The building and property are available for purchase for $270,000.

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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