Profitable Upscale Gift Shop
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $438282
Net Profit / Cash Flow $84242
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Inventory 275000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Owner will train.
Reason for Sale Owner moving back to corporate world.
Description This upscale retail gift store is located in an affluent area of New Jersey and specializes in selling high quality unique gifts and home decor items. The store is an authorized dealer of everything it sells, including sought after collectables such as Lladro, Armani, Precious Moments, Rochard Limoge Boxes, Belleek Irish China, Porter Music Boxes, Lenox, and Waterford Crystal. The store also features personalized baby gifts and gourmet gift baskets that can be customized to include your choice of a wide variety of delectable items. These departments are fully stocked and add not only value to the business but draw in customers to fulfill their gift needs for all occasions. This esthetically pleasing store was designed with the customer in mind. It has beautiful showcases and lighting to display the collectables and giftware and is already operating at a profit. The store is located in a chicly designed, fully occupied, high traffic strip mall. This mall is set on a busy through-fare, near a major highway, in a high-income area that is experiencing a major population growth. The store stocks a wide array of price points to ensure their customers have a successful shopping experience In addition, this upscale gift store has a strong internet presence with a uniquely designed website. This website pulls in customers from outside the geographic area, therefore generating additional income for the company. The website enjoys an above average hit ratio and has proven to be the most cost effective and efficient way to obtain new clients. The solid customer base, reputation for providing unique items, and the repeat business have enabled the company to expand to the next new level. Contact for more information on this Gift Shop business for sale.
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