| Asking Price |
$119,900 | Inventory |
$100,000** |
|---|---|---|---|
| Gross Income |
$328,000 | Real Estate |
|
| Cash Flow |
$56,000 | Year Established | 1987 |
| FF&E |
$10,000* | Employees | 4 |
* included in the asking price
** not included in the asking price
This business is both a nature gift store and an educational fun place for children to learn about rocks, minerals, crystals & gems. The gift store sells rocks, minerals, crystals, fossils, sealife, butterflies, handcrafted jewelry Folkmanis puppets, rock candy, candles, wind chimes, collectibles, nature sculpture, nature - related games, puzzles, toys, natural oils, perfumes and unusual gifts for adults & children. The educational fun activities for children include digging in a replicated mine that s been salted with minerals (and they keep what they find). They do this for individual miners, birthdays, scouts, camps and schools. Business started by current owner's husband in 1987 almost 20 years ago. A lot of kids have been here, and now their kids are coming too! The Asking Price of this business is $119,900 plus inventory (+/- $100,000). The store is opened 10:00 to 6:00 Mon, Wed, Thu, Fri & Sat, 12:00 to 5:00 on Sun and closed on Tue. The business runs with the owner and a full time manager - that's right you have a long time key employee who would like to stay with the new owner. You also will need part timers - depending on the volume of parties. Currently there are 3 trained part timers on the payroll. Not counting the owner, payroll averages about 20% of sales (seems fixed at the current sales volume levels). Sales volume for 2006 was +/- $5,240/week. In 2007 sales is expected to increase 20% to +/- $6,300/week. At this sales volume Owner's Cash Flow is estimated +/- $56,000.
Facilities: The store is about 1,800 s.f., the attic has +/- 900 s.f. for a total of 2,700 s.f. It is located in a strip center facing a busy route in Brookfield, CT. - soon to become a quaint walkable New England Village business district - complete with small shops and some apartments. Area to have pedestrian sidewalks, a friendly streetscape and interconnected parking areas. All this to happen after the I-84 by-pass is completed. Rent will be $2,100 modified gross + water (when metered).
Financing: Some Owner Financing Possible
Support/Training: Owner will train
Reason Selling: Health

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