Rare Opportunity to Own Beloved Luxury Gift Boutique

Asking Price$295,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$400,000

Inventory$175,000
Included in asking price
FF&E$75,000
Included in asking price
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Rare Opportunity to Own Beloved Luxury Gift Boutique


Asking Price$295,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$400,000

Inventory$175,000
Included in asking price
FF&E$75,000
Included in asking price
Business Description
For over 45 years, this charming boutique has been a cornerstone of downtown Excelsior, serving both loyal locals and the steady stream of Lake Minnetonka tourists who stroll its vibrant shopping district. Known for its curated collection of luxury gifts, artisanal goods, and one-of-a-kind finds, this store offers an inviting, elegant atmosphere that keeps customers coming back over and over again.

The current owner has thoughtfully built a business with an outstanding reputation and loyal client base. The boutique’s beautiful interior, custom-built shelving, and well-organized inventory make it easy to operate from day one. This is truly a turnkey opportunity.

The boutique is staffed with a dedicated team who know the customers and the products. Whether you're looking to step in as an owner-operator or run it semi-absentee, this business is structured to support either lifestyle. Landlord is looking to extend the lease to new owners! The current lease runs through early 2026, with fair terms and excellent visibility.

If you've ever dreamed of owning a luxury boutique that blends creativity, community, and cash flow, this is your chance to step into something special. Let’s talk and schedule a visit. Opportunities like this don’t come around often. Don’t miss your chance to own a beloved luxury brand that customers adore.

Schedule a private showing and see firsthand why this is the ultimate lifestyle business investment.
About the Business
Years in Operation
44
Employees
10
Facilities & Assets
The shop is housed in a charming, well-maintained retail space in a prime tourist location with excellent visibility and foot traffic. Locals love it, too! The lease is favorable, and the interior is fully outfitted with custom displays and shelving. Included in the sale are all fixtures, equipment, current inventory, branding assets, and a website, ready for e-Commerce — everything needed for a smooth operational transition.
Website
https://zirbesgroup.com/
Market Outlook / Competition
Located in a high-traffic tourist area, this gift shop benefits from steady foot traffic year-round, with peak seasons during holidays and local events. It caters to both domestic and international visitors, offering a curated selection of locally themed souvenirs, apparel, and specialty gifts. While other shops operate nearby, this business stands out due to its prime location, loyal customer base, and unique products that highlight local charm.
Opportunities for Growth
There is massive potential for growth through e-commerce: The website is live, the Facebook page is set up, and systems are in place for marketing and nationwide shipping. With the right focus, online sales could become a major revenue stream. On the flip side, expansion requires time and effort to manage inventory, fulfill orders, and maintain customer service quality as demand will definitely scale.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,600
Rent
$3,600.00 per month
Lease Expiration
2/28/2026
About the Sale
Seller Motivation
After years of successfully running the business, the owner is ready to retire!
Transition Support
The current owner is committed to providing comprehensive training, vendor introductions, and operational support during the handover period.
Financing Options
Flexible terms can be negotiated to support a smooth transition.
Listing Info
ID
2358541
Listing Views
1132

Contact Seller

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Business Listed by: Melissa Walsh Zirbes Group at Realty ONE Group Choice

Listing ID: 2358541 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.