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  • RE:  Gift Shop
  • Contact:  Armen Nazarian
Owner Financing is Available!
$220,000 with $99,000 down. 8% int., amortized over 60 months

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

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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. 

Contact the Seller:

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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:

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