Seller's Contact Information

  • RE:  BOUTIQUE SPECIALTY GIFTS-FOODS
  • Contact:  Customer Service
Owner Financing is Available!
SBA bank financing is available for this transaction and seller financing is available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Quick Facts

Asking Price: $99,900
Annual Revenue: $576,900
Net Profit: $94
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: 125,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 6
BBN Listing #: 2653909
Broker Reference #: RETL464

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Business Overview:

Wonderful business opportunity for this Successful specialty boutique retail shop specializing in gourmet foods and gifts with a gross income of $576,922 and a consistent net yearly income to the owner operator. This most unusual business opportunity is located in Northern New Jersey in a country setting with many other successful retail businesses. The shop has an unbelievable menu consisting of products that are not in your local food business and difficult to obtain. The company offers hundreds of specialty oils & world-class vinegars, gourmet pastas & sauces, crackers, artisan cheese, spreads & snacks, chocolates, condiments, marinades, rubs & spices, gift baskets, scrumptious delicacies, finest serve-wear and aprons, latest wine accessories, cheese, and charcuterie platters to order and much more. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The 2021 yearly gross income as represented by the owner is estimated at $576,922 and the business has a yearly net income of approximately $94,000 based on an onsite owner operator which includes any seller discretionary income and prior to any debt service. The 2022 income is expected to be improved from the previous year and a formal due diligence is recommended buy broker.

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Property Features and Assets:

This business opportunity is in north central New Jersey, Sussex County on a county road and near to numerous other retails businesses. This business facility consists of approximately 1,750 square feet with an attractive modern appearance. The business is in a commercial retail mall conveniently location for its various customers. The facility has a full basement and exterior area for storage.

Market Competition and Expansion:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

Owner retiring.

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

Documents:

Relevant Links:

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