Seller's Contact Information

  • RE:  Popular, Successful Gift Shop-Trendy Neighborhood
  • Contact:  Thubten Comerford
Owner Financing is Available!
$30,000.00

Quick Facts

Asking Price: $285,000
Annual Revenue: $398,000
Net Profit: Not Disclosed
Cash Flow: $95,423
Total Debt: Not Disclosed
FF&E: 4,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 3
BBN Listing #: 193952348
Broker Reference #: 59071-473707

Email or Print Listing

Business Overview:

Fabulous gift shop located in the heart of one of Portland’s trendiest neighborhoods, offers well designed and carefully curated gifts, home décor, baby clothes, toys, stationery and PNW themed curios.

Featured in the New York Times, Sunset Magazine, Rachel Ray and Portland Monthly Magazine, this unique shop has a strong local, national and international following and customer base. A recently revamped POS system and modern website allows for efficient processing and shipping of orders. Over 4,200 Instagram followers and a popular Facebook page.

This fun and easy to run shop employs the owner full time, as well as two long term full time and one part time employee. After 9 years running this successful business, the owner is ready to retire.
Established in 2013, this business was born of the concept that the ideal shop should offer unique and well-designed products at affordable prices - in an inviting, approachable, relaxed atmosphere.
There are other gift shops in town but few that inspire the loyalty and following of this one.

The US gift, novelty, and souvenir store industry includes about 22,000 stores with combined annual revenue of about $16 billion. The average person spends $1,387.04 a year just on holiday gifts. That total doesn’t include casual gifting or life milestones that traditionally involve gifts, like birthdays, graduations or retirements.

New owner could grow the business even further by expanding categories and increasing online ecommerce business.

Multi-Use building

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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 homebased business opportunity.
  • This is not a franchise resale opportunity

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