Established business on the Mississippi Gulf Coast

Asking Price$44,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$160,000

Inventory$22,000
Included in asking price
FF&E$15,000
Included in asking price
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Established business on the Mississippi Gulf Coast


Asking Price$44,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$160,000

Inventory$22,000
Included in asking price
FF&E$15,000
Included in asking price

Seller Financing Available
Business Description
This business has tremendous potential and very flexible options as far as what you can do with it. We are a gift shop/boutique but you could add other categories. One thing we do every year is sell King Cakes and that generates extra income and brings in new customers. We have been in business eight years and we also sold gifts in a sister business for seventeen years before that.
The employees are completely reliable and trustworthy. There is a great customer base and the potential to grow the online business as well.
About the Business
Years in Operation
9
Facilities & Assets
The business is located in a strip center on a busy intersection with 8 other businesses and plenty of foot traffic. It is across from a new subdivision that is being built with 300 new homes. You would have to sign a new lease for 3-5 years. The employees have all been with the company for 5 years or more and handle all the day-to-day operations. The purchase price includes inventory, displays. computers and a monogramming machine. The business has great potential to expand.
We have a website and online sales as well as in-store.
Market Outlook / Competition
There are several other boutiques in town, but no other gift shop. We offer unique products and have exclusive vendors.
Opportunities for Growth
There is tremendous growth potential because the neighborhood is growing. There is a well-established customer base and online growth potential. You could always expand the product categories or add new categories. The employees know what the customers are looking for so if you are willing to invest, the growth potential is absolutely there.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,600
Rent
$2,750.00 per month
About the Sale
Seller Motivation
Retiring
Transition Support
I can offer support and training for the first 3 months.I have been in the business for 20 years. My employees know how to make purchase orders, price, tag and ship all the merchandise. I have an outside company do emails, Instagram, and Facebook posts.
Financing Options
Owner financing available to qualified buyer.
Listing Info
ID
2403212
Listing Views
251

Contact Seller

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Business Listed by: Laurel Malley

Listing ID: 2403212 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.