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- RE: Great Cash Flow - Gift & Souvenir In Downtown
- Contact: Ciro Coppola
- License #: BS.0146004
Quick Facts
Asking Price: | $79,500 | |
Annual Revenue: | $330,053 | |
Net Profit: | $109,632 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $8,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 3 | |
BBN Listing #: | 940352 | |
Broker Reference #: | 101-21262 |
Business Overview:
This turnkey gift and souvenir store is a fantastic opportunity for entrepreneurs seeking a profitable venture. Situated within walking distance of Las Vegas' Downtown Fremont Street Tourist Corridor, the store benefits from high foot traffic and a vibrant atmosphere. The owner-operator can potentially earn between $10,000 to $12,000 per month, creating a lucrative income stream per the seller. With low overhead costs, including affordable rent and minimal expenses, the business generates exceptional cash flow and ensures a healthy bottom line. The inventory, valued at approximately $30,000, is not included in the asking price but must be purchased alongside the business. This ensures that the store is fully stocked with a wide range of appealing gift and souvenir items. The prime location and the continuous influx of tourists to the area present significant growth opportunities. By implementing strategic marketing initiatives and offering attractive products, the customer base can be expanded, leading to increased sales and profitability. Don’t miss out on this prime location and the potential for business expansion. For more information and a quick response, please contact the Listing Business Broker. For a quick response to your inquiry, please contact listing agent Ciro 'Vic' Coppola (RE# BS.0146004 Business Broker Permit# using reply to this ad button.
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Property Features and Assets:
This is a leased location of 550 square feet with a Total Monthly Rent of $2,100 plus percentage per new licensing agreement mutual acceptance of Landlord and Buyer. A new lease is needed. Seller is active with 3 Part Time employees. Hours of operation are 11:30am -8pm Monday to Thursday, 11am-9pm Friday to Saturday and 11am -8pm Sunday. $30,000 in inventory not included and $8,000 in FF&E.
Reason for Selling:
Semi RetirementAdditional 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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