Virgin Islands Profitable Gift Stores (5)

00802, Virgin Islands

Virgin Islands Profitable Gift Stores (5)

Asking Price:$375,000

Cash Flow:$137,000

Gross Revenue:$1,650,000

EBITDA:N/A

FF&E:$90,000

Inventory:$150,000*

Established:1976

*not included in asking price.

Virgin Islands Profitable Gift Stores (5)

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Business Description

ST. THOMAS'S OLDEST AND LARGEST SOUVENIR COMPANY, OFFERING UNIQUE GIFT AND SOUVENIR ITEMS SINCE 1976.

Five retail gift stores all with prime locations at the cruise ship docks and in the main downtown, historic, shopping district of St. Thomas.

In business for almost 40 years. Ideal product mix. Major profit potential!.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
SEVERAL STORES JUST STEPS FROM THE CRUISE SHIP EXIT RAMPS All 5 stores are fully updated: décor, shelving and displays all in excellent to very good condition. The stores are fully air-conditioned and are inviting, presenting a professional and welcoming motif.
Competition:
Unique product mix makes this retail concept stand out. All stores are in prime, keystone locations. EXCLUSIVE VENDORS with exclusive brands and one of a kind gifts. Many cruise ship and on Island repeat customers There is only one similar(smaller) competitor.
Growth & Expansion:
Major opportunity to open additional outlets. Significant growth in sales in 2015. The Islands are experiencing a solid summer season for the first time ever. Condominium and real estate markets are tight and increasing in value indicating a strong, emerging, viable Island economy.
Support & Training:
Two weeks at no cost
Reason for Selling:
Retirement

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Rob Stephens

Business Listed By:
Rob Stephens

Caribbean Business Consulting

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