Gift shop

Atlantic Beach, NC
Carteret County


Asking Price: Annual Revenue:
$185,000 $275,000

Retail: Non-classifiable


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RE: Gift shop Broker: Ernie Grooms
Owner Financing is Available!

Quick Facts

Asking Price: $185,000
Annual Revenue: $275,000
Net Profit: Not Disclosed
Cash Flow: $32,700
Total Debt: Not Disclosed
FF&E: $51,374
Real Estate: Not Disclosed
Year Established: 1988
Employees: 5
BBN Listing #: 395538777
Broker Reference #: FAYETNC001-N127

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Business Overview:

This gift shop in this beach community has been in existence since 1988 and the current owner has owned it since 1995. The store is housed in a 4000 square foot building located between 2 large stores on a highly visible area of the shopping center. The customer base is mostly tourist-related and sales volumes pretty much follow the tourism season. They have developed a loyal customer base of local patrons, plus those who have a second home or those who utilize one of the time share properties at times during the year other than tourist season. This gift shop offers a variety of products, generally of the beach and nautical home decor theme. They offer the largest selection of the sea life in the area with approximately 200 varieties. Clothing items consist of t-shirts, hats, visors, shoes and socks. Other items include kites, flags, windsocks, beach supplies and also a variety of jewelry. The store is open now from 10 to 4 and only closed on Mondays.

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Reason for Selling:

retirement

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 not a franchise resale opportunity.

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