Strip Mall and Specialty Retail & Costume Business

SAINT PAUL, Minnesota

Asking Price $2,650,000 Year Established 2004
Annual Revenue $935,644 Reason for Selling Retirement  
Annual P/L $0 Attention James Benincasa
Annual Cash Flow $378,644 Listing Number 1014160  
# of Employees 6 Business Category Retail: Clothing & Accessories

Business Overview:

This established specialty retail operation represents a unique commercial real estate and business acquisition opportunity in the Twin Cities. The enterprise comprises a premier specialty retail business operating within a commercial strip mall property, delivering diversified revenue streams through a proven multi-category retail framework.

The business has maintained continuous operations since 1994, establishing itself as the Twin Cities metropolitan area's largest year-round costume and accessory and specialty retailer. The operation demonstrates exceptional market resilience through its strategic four-department structure, generating consistent revenue across seasonal fluctuations that typically challenge single-category competitors.

Operational Framework:

Costume & Accessories Division: Comprehensive inventory spanning theatrical, holiday, theme party, and specialty costumes with year-round accessories, serving both retail consumers and commercial accounts.

Lingerie Boutique: Specialized intimate apparel, corsetry, and hosiery generating higher-margin revenue streams with consistent demand patterns.

Gift & Novelty Department: Curated selection of unique merchandise, wellness products, and specialty gifts driving incremental sales and customer retention.

Party Supply Operations: Recently expanded division capitalizing on market consolidation following competitor closure, providing additional revenue diversification.

The business maintains strong market positioning with a 4.6-star Google rating across 640+ customer reviews, supported by established digital presence and social media channels. Current operations include both brick-and-mortar retail and basic e-commerce functionality.

Strategic advantages include prime commercial corridor location with high visibility, established supplier relationships spanning three decades, comprehensive inventory management systems, and turnkey operational infrastructure. The business serves the greater Minneapolis-Saint Paul metropolitan market, providing significant population density and consumer accessibility.

Expansion opportunities exist through enhanced e-commerce platform development, formal B2B partnerships with educational institutions and entertainment venues, and scaled digital marketing initiatives targeting seasonal peak periods.

This acquisition presents an opportunity to acquire both commercial real estate (Strip Mall) and an established retail operation with demonstrated longevity, diversified revenue streams, and market-leading position within its specialty retail niche.

Property Features and Assets:

Market Competition and Expansion:

Additional Details:

  • The property is owned.
  • 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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