Gifts - Crystal, Vases, Handbags & Kitchen Access.
Location California,United States
Asking Price Range < $250K
Gross Revenues $182000
Net Profit / Cash Flow $55000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 1 - 3
Inventory 150000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Retirement.
Description Location! Location! Location! This well established Gift Shop is located in the glitter of Hollywood surrounded by studios and tourist traffic. Sells high end Bohemian crystal, Italian Vases, one of a kind gifts, blown glass serving & accent pieces, teapots, kitchen accessories, perfumes, hand bags, slippers, kids clothing and everyday use 99 cent items. Customers come from the entertainment industry, Spanish, Armenian and Russian populace and walk-in tourists. The store has been there for 7 years. Price is $75,000 plus inventory. Revenue for 2005 was $182K and Net profit of $55K. The Owner works full with one part time worker. The Owner is retiring and is motivated. For more information on this Gift business for sale, please email or contact Rashid Khalid at (818) 342-5222 ext.324.
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