Retail Gift Store

Not Disclosed, FL
Martin County


Asking Price: Annual Revenue:
$200,000 $390,082

Retail: Art, Photography, Accessories


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RE: Retail Gift Store Broker: John DeVries
Owner Financing is Available!
Loan/Seller - Amount: $50,000; Months: 60; Rate: 6.00$ Monthly Payment: $966.64

Quick Facts

Asking Price: $200,000
Annual Revenue: $390,082
Net Profit: $58,965
Cash Flow: $58,965
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 5
BBN Listing #: 568630
Broker Reference #: 7301485653

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Business Overview:

Celebrating 41 years in business in the same location, this premier Home Decor/Gift retail store has been a local favorite. They were voted the best Home Decor & Gift Shop by Stuart, Indian River Magazine & Stuart News. Located in an affluent area with generations of loyal customers, this shop carries a large selection of unique, high-quality artwork, lamps, tabletop, wedding gifts, florals, & a huge assortment of holiday decor. Frequented by both interior designers as well as seasonal year-round clientele, this store continues to attract homeowners & visitors daily. They offer complimentary gift wrapping & daily shipping of all purchases. They are ready to expand into online & catalog sales & have 5-star reviews! This shop includes $150,000 of inventory at wholesale cost with a retail value of $375,000. Start making $ on your first day with a well-designed store located in a high-end shopping plaza. The owner is retiring & will help with a smooth transition & seller financing! Please refer to listing 7301-485653, Business Broker John DeVries when you inquire about this listing. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Lease/Month: $3,662.25; Square Footage: 2,850; Building Type: Plaza; Terms & Options: 4- 2year Options; Expiration Date: 6/30/2021.

Market Competition and Expansion:

Non Compete : Miles: 20 Years: 2

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 not a franchise resale opportunity.

Relevant Links:

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