Gross Revenue: $112,000
Rate/Sq. Ft.: N/A
Successful Metaphysical Gift Shop in Downtown Gettysburg
Immediate Cashflow High Tourist Area
We opened up our shop in Littlestown PA 2 1/2 years ago. Littlestown is not the best place to have a shop due to very little foot traffic, so in June of 2015 we moved up to Gettysburg. Our first year there has been amazing. We have a constant flow of traffic and the tourist traffic is in full swing from March through December. We are within the first block of the circle in downtown Gettysburg.
We carry metaphysical items, gifts, hand crafted jewelry, art, sage, incense, essential oils, books, crystals and stones, tarot cards, pendulums, locally made bath and body items and much more. We also offer tarot readings, astrology readings, workshops and events such as sound healing and meditation circles. There is also a space in the back that is perfect for energy healing, massage, or to rent out to a practitioners. We take part in First Friday every month which has been a huge success, offering free mini tarot and astrology readings, live music, wine and more! The sale of the store comes with the website (built in Wordpress), domain name, a free year of hosting for the website, and admin access to the Facebook page which has over 1800 followers and access to our email list of over 500 locals.
Inventory: Included in asking price
Real Estate: Leased
Building Sq. Ft.: 2,000
Lease Expiration: N/A
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The shop comes with several display cases, slat wall, hooks, front desk for customer check out, racks and more. We currently rent the shop front for $1500 a month which also comes with 2 parking spots. Lease can be renewed yearly. Comes integrated with Shopkeep , ipad checkout, bar code scanning, label printer and thermal receipt printer. Shopkeep allows you to run reports and track inventory. The space is almost 2000 square feet and we are only using 1/2 of that for retail space so it can easily be expanded.
Competition: We are the only metaphysical store of our kind in Gettysburg and the only one within 20 miles. We have people travel over an hour to visit us. While many shops in Gettysburg cater to civil war, the shops like ours, that have different and diverse gifts do really well. The tourist foot traffic from March - December is phenomenal and we have built up a great local following.
Growth & Expansion: If you decided not to do the workshops you definitely have a lot of room to expand and sell more products in the back rooms. There is the potential of even opening a 2nd store within 20 miles of the store and doing well.
Financing: Space is leased at $1500 a month, renew yearly. 2000 sqft & 2 covered parking
Support & Training: We will offer 7 scheduled days of training in person and 30 consecutive days of support via email and/or phone.
Reason for Selling: Moving and new ventures.
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