| Asking Price |
$375,000 | Inventory |
$223,697* |
|---|---|---|---|
| Gross Income |
$384,581 | Real Estate |
|
| Cash Flow |
$95,000 | Year Established | 1972 |
| FF&E |
N/A | Employees | 4 |
* included in the asking price
** not included in the asking price
This is a unique retail outlet in the heart of downtown Bennington. It has been established over 34 years and has been in the same location since 1987. It is located in a beautiful Victorian building that used to be an old department store, and is on theNational Historic Register. It is 100 feet from Bennington's busy Putnam Square which is not only the center of town but also the junction of US Route 7 (north-south) and VT Rt 9 (east-west). The building between this business and Putnam Square is scheduled for extensive rehabilitation and upgrading. This business has 7500 square feet of Art Supplies, Greeting Cards, Gifts, Framing Materials and a Gallery of Framed Art. It is very well managed, has great financials and cash flow. What is being offerd is the inventory, furniture & fixtures, equipment, good will and an ongoing business. Bsed on the cash flow the business could be paid for in less than five years.
Facilities: 7500 square feet of retail space with four years left on lease and two five year extensions
Competition: Little greeting card comeptition in downtown and some picture framing competion but this operation is leading outlet in town.
Financing: negotiable
Support/Training: To be negotiated
Reason Selling: Retiring because of age

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