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- RE: Gift Shop
- Contact: Armen Nazarian
Quick Facts
| Asking Price: | $220,000 | |
| Annual Revenue: | $298,848 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1987 | |
| Employees: | 2 | |
| BBN Listing #: | 1002399 | |
| Broker Reference #: | 760 |
Business Overview:
This is a great opportunity to own a well-established, well-known Gift Shop in Oakland County. Established in 1987, this cute 1,700 sq. ft. whimsical Gift Shop specializes in Michigan-Themed Gifts, Home Accents, Baby Collections, Handbags, Gift Cards, Candles, Clothing, Soaps, Kitchenware, Books and so much more. The store offers walk-ins, online ordering along with shipping options and local delivery services. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding additional retail items, joining the Chamber of Commerce and opening satellite locations, you have HUGE potential to the already solid gross sales and cashflow. Seller willing to stay on board through the transitional period and train. A must see/must have business that will not disappoint or last long. Turnkey operation only needing a new owner/operator. Seller financing is available along with training.Â
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Established in 1987, this cute 1,700 sq. ft. whimsical Gift Shop specializes in Michigan-Themed Gifts, Home Accents, Baby Collections, Handbags, Gift Cards, Candles, Clothing, Soaps, Kitchenware, Books and so much more. The store offers walk-ins, online ordering along with shipping options and local delivery services.
Market Competition and Expansion:
Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding additional retail items, joining the Chamber of Commerce and opening satellite locations, you have HUGE potential to the already solid gross sales and cashflow.
Reason for Selling:
Retire. Kindly ask the seller for more information.
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
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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