Seller's Contact Information
- RE: Two Gift-Greeting Card Stores For Sale
- Contact: Richard Collins
Quick Facts
| Asking Price: | $349,900 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 312855492 | |
| Broker Reference #: | 85671-731846 |
Business Overview:
The original store in Montgomery County opened in 1968 and has been a local card and gift shop for all years since then. The previous owners expanded the store to 2,000 square feet and introduced the Designer Greeting card line which sells for 50% off every day. The store now has an extensive following as it is the only discount greeting card store in the area. The gift selection is known to be expansive, yet unique. During the time the current owners have owned the store, a website and an active social media presence have been created, which continue to grow. A POS system featuring a customer rewards program and electronic inventory has been added, and the look of the store has been refreshed. In 2021, the owners opened a second store, this time in Bucks County, under a different name. This store is in a 'walking' town. This business is located on the main corner of downtown, and is developing a reputation as a boutique, where gifts, women's apparel and accessories are all available.
The price of the two businesses includes approximately $220,000 in inventory so there is a strong base, with only the ongoing card replenishment needed for a good start.
The vicinity surrounding the established store is experiencing a substantial increase in housing and business development. A new development is scheduled to be built across the street and new housing is being built within two miles of the store. All of this will expand the customer base. The Bucks County store is still new, however, it has already developed a strong following and excellent reputation in the community. It will continue to grow as the town is actively promoting small business and downtown programs.
The owners are planning on relocating outside of the State.
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Reason for Selling:
Relocating
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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