Tourist Attraction Lakes Area Gift And Novelty
Not Disclosed, KY Letcher County
Seller's Contact Information
- RE: Tourist Attraction Lakes Area Gift And Novelty
- Contact: Ed Barker
Quick Facts
| Asking Price: | $999,900 | |
| Annual Revenue: | $447,985 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $75,443 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1941 | |
| Employees: | 10 | |
| BBN Listing #: | 804950277 | |
| Broker Reference #: | 20041-794470 |
Business Overview:
Beautiful lakes area setting for a gift, novelty & souvenir shop complete with 8,500 square foot shopping space, 1,500 square foot home. This business has been operating since 1941 and is now on its second owner. Business shuts down in winter months giving the owner plenty of time to plan for next year, go to markets and have fun traveling.
Started in 1941 as a chestnut log cabin resort, this business has morphed into a premier gift, novelty & souvenir shop. With lots of visitors the owners invested in an ice cream making machine and installed a rustic cabin offering the ice cream for sale. They also sell fudge to their many customers. The ice cream and fudge recipes remain with the business.
Located on a scenic hill where traffic in either direction can easily divert into the paved parking area. The rustic log cabins, moonshine still, horse hitched to a wagon, vintage van with logo and ability to serve ice cream at local gatherings make this business extremely appealing as a way to slow down big city life.
The business also includes a 1,500 square foot home attached to the retail shops. There is plenty of room to expand the home or the business with 4.7 acres included in the sale.
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Reason for Selling:
Retirement
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
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