Community Staple - Retail Gift Shop

Madison, MS
Madison County

Jackson Metro Area


Asking Price: Annual Revenue:
$1,250,000 $1,066,471

Retail: Florists, Gifts, Cards, Books


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RE: Community Staple - Retail Gift Shop Broker: Seller of Business

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $1,066,471
Net Profit: $139,766
Cash Flow: $139,766
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 6
BBN Listing #: 686559206
Broker Reference #: Not Disclosed

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Business Overview:

At almost 20 years in operation, Persnickety has become a community staple in Madison, MS and has been recognized as one of the premier gift shops and registries in the state. Located on Main Street in Historic Downtown Madison, the store is just minutes away from Interstate 55 and only two blocks away from Highway 51. The site was recently received a new concrete parking lot and brick sidewalks. This is a great opportunity for an operator to take over a well established, turn-key retail business that has been family owned and operated for years.

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Property Features and Assets:

Located on Main Street in Historic Downtown Madison, the store is just minutes away from Interstate 55 and only two blocks away from Highway 51. The site was recently received a new concrete parking lot and brick sidewalks. Owner has an option to purchase the real estate upon business acquisition.

Market Competition and Expansion:

There is huge upside potential to expand online sales to increase yield without increasing the costs per sale.

Reason for Selling:

retiring

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 a franchise resale opportunity.

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