Business For Sale

Stationary, Invitations, Greeting Cards and Gifts

Not Disclosed, PA
Bucks County

Bucks County


Asking Price: Annual Revenue:
$160,000 $501,380

Retail: Florists, Gifts, Cards, Books


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RE: Stationary, Invitations, Greeting Cards and Gifts Broker: Stan Rubinstein
License #: RS342499
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $160,000
Annual Revenue: $501,380
Net Profit: $111,000
Cash Flow: $111,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1968
Employees: 5
BBN Listing #: 236054405
Broker Reference #: PBA 1956

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Business Overview:

Yes, this business can be purchased for almost the value of the inventory! The business represents a once in lifetime opportunity to acquire a 50-year history tradition, operated 100% absentee, includes inventory and can achieve six figure income for a new Owner/Operator. This is an established business in the affluent Bucks County, PA area, easy to operate and will sell fast!!! The business offers a beautiful selection of fine stationery, custom invitations, specialized greeting cards, gift wrapping, and unique gift collections. The business is firmly established and is ideal for an owner/operator who is seeking a steady and reliable cash flow with a quick return on investment. A trained and skilled management team is in place and the Ownership is willing to stay and train to assure a smooth and seamless transition.

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Property Features and Assets:

The business operates from a Leased storefront in a mixed retail commercial shopping center environment. The space is 2,800 square feet and the current rent is $7,767/month which includes all CAM charges, adverting, real estate taxes and insurance for the common areas. The space also has a 100 square foot office. The current lease term is coming to maturity which makes this an ideal time for a new Buyer to negotiate a new rental at a fair market value rent. It is strongly anticipated that a long-term Lease can be negotiated by a credit worthy Owner for much less than the current rental rate. The sale is turnkey and includes all inventory, equipment and fixtures. The current inventory value is at least $150,000. THIS IS INCLUDED IN THE SALE PRICE!!!!! QuickBooks point of sale and quick book accounting system. Excellent Records for verification.

Market Competition and Expansion:

The current Business Owner spends little to no money on advertising. The Owner is “old school” and therefore has not utilized any of the current marketing tools available such as Twitter, Facebook, Snapchat, Instagram and other social media platforms. The opportunities for growth are limitless in the technology and social media arena. The development of an e commerce web-based site and mailing list, as well as a more aggressive marketing plan could instantly add value and increase revenues. The competition is limited to a couple of boutique shops in the neighboring Borough. The suburb in Bucks County, PA is in a high-income household demographic and these residents typically avoid searching for "best" price and online stores and are more concerned with personalized and individualized customer service.

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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