This 3900 sq. ft. store, profitably operating for over 30 years, is offered for sale as a “turn key” immediate opportunity. Recently renovated facility with contemporary merchandising lay out and new Point of Sale system. The store is stocked, well merchandised and operating smoothly. Knowledgeable manager in place 21 years supervises employees and day to day functions & controls. Year-round sales and customers, diverse product offering; gifts, women’s fashion, jewelry, specialty chocolates, home goods and holiday specialties. National brands Rewards Program with national advertising support. Significant potential…these stores rarely become available.
Not the typical Cape Cod gift shop, the store is located within a busy central shopping center anchored by national branded retailers and local favorites. Two years remain on the current lease, options are available to renew or relocate.
Owner is willing to stay on and train for a reasonable period and offer a non-compete agreement. Personal circumstances have necessitated that the owner reluctantly bring the business to market. This a Bonus Value offering.
Down Payment : $59,000
Discretionary Earnings : $63,480
Total Sales : $574,885
Assets/Liabilities:
Inventory : $130,000
Incl : No
FF&E : $14,000
Incl : Yes
Leasehold : $5,000
Incl : Yes
Total Assets : $19,000
Incl : Yes
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