Oriental gift shop For Sale

Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$164,732

Inventory$280,000
Included in asking price
FF&E$2,000
Included in asking price
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Oriental gift shop For Sale


Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$164,732

Inventory$280,000
Included in asking price
FF&E$2,000
Included in asking price
Business Description
This beautiful and one of a kind Oriental gift shop, located in Miami FL is for sale. Great opportunity to own a unique business with an established customer base, positive annual revenue, and extensive inventory in a 2400 sq ft retail shop and additional storage facility. This is a special oriental gift shop with arts, crafts, clothing, accessories, medicine, plants, furniture and home decor. There are no other retail shop in the area that will offer such an extensive selection. The Owners are retiring after almost 26 years in the business. They are willing to train the new owner for a short period of time after purchasing the business to ensure a smooth transition if requested.

There is potential for the future owners to expend this business online and reach a broader customer base around the United States and/or internationally.

The estimated retail value of the inventory is more than $850,000. The Owners are also willing to liquidate the inventory with the right offer.

About the Business
Years in Operation
26
Employees
2
Market Outlook / Competition
This is a unique oriental gift shop with arts, crafts, clothing, accessories, medicine, plants, furniture and home decor. There are no other retail shop in the area that will offer such an extensive selection.
Opportunities for Growth
There is potential for the future owners to expend this business online and reach a broader customer base around the United States and/or internationally.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,400
Rent
$6,146.00 per month
About the Sale
Seller Motivation
The owners are retiring.
Transition Support
Owner is willing to train the new owner for a short period of time after purchasing the business to ensure a smooth transition if requested.
Listing Info
ID
2372051
Listing Views
112

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Business Listed by: James Heermance

Listing ID: 2372051 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.