Gift Shop/Gallery

Asking Price$120,000

Cash Flow
$40,000

EBITDA$40,000

Gross Revenue$340,000

Inventory$90,000
Not included in asking price
FF&E$6,000
Included in asking price
Real EstateNot Disclosed

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Gift Shop/Gallery


Asking Price$120,000

Cash Flow
$40,000

EBITDA$40,000

Gross Revenue$340,000

Inventory$90,000
Not included in asking price
FF&E$6,000
Included in asking price
Real EstateNot Disclosed

Business Description
A rare opportunity to own a specialty gift store that has carved a niche and loyal following by emphasizing a variety of quality, USA made products. This high-visibility and well-located store has an established customer base with strong repeat business. Opportunities for growth through enhanced social media and online presence along with some product line expansion. Knowledgeable and professional team of staff in place. Owner / founder wishes to retire but will gladly offer any assistance to the new owner.
About the Business
Years in Operation
7
Number of Employees
5
Facilities & Assets
Computer equipment, many displays and some leasehold improvements.
Market Outlook / Competition
This area offers several gift shops & galleries, but this shop is in an ideal location with ample parking in the high growth area of Beaufort County. This specialty shop/gallery of well-curated merchandise significantly differentiates itself from other shops locally.
Opportunities for Growth
This shop has a strong local and tourist customer following and is well-known for maintaining an inventory of North American hand-crafted products not easily found in the other local shops. Increased profitability could be easily achieved through creative marketing and an active web/social media presence. Expansion into higher-margin merchandise selected for this market could also prove to be beneficial.
About the Sale
Seller Motivation
Owner looking to retire
Transition Support
Owner willing to assist on part-time after initial transitional training. The length of the transitional training period is negotiable.
Listing Info
ID
2395178
Listing Views
289

Contact Seller

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Business Listed by: Hilton Sher Hilton Head Business Brokers, Inc

Listing ID: 2395178 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.


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