| Asking Price |
$345,000 | Inventory |
inc** |
|---|---|---|---|
| Gross Income |
$486,500 | Real Estate |
|
| Cash Flow |
$115,765 | Year Established | 1980 |
| FF&E |
N/A | Employees | 4 |
* included in the asking price
** not included in the asking price
St Michaels is an historic destination town located on Maryland's pristine Eastern Shore. Visitors the world over come to enjoy St Michaels' unique shops (including Calico Gallery), gourmet dining, quaint B&B's Chesapeake Bay Maritime Museum, and other attractions. The Miles River to the east affords boating on historic Skipjacks, Catboats, and other local water craft. Calico Gallery serves local full-time and weekend residents as well as thousands of tourists on an annual basis. Contact the listing agent for additional details.
Facilities: One of the oldest retail businesses in historic town of St Michaels, Maryland. Leased building: 3,587 sq feet. Monthly rent: $2,385. Located in heart of historic, main business district. Includes Inventory.
Competition: Business is one of town's longest continually-operated retail businesses. Prime central business district location. Offers locals and tourists thousands of limited edition prints, custom framing, cards, gifts, and an entire upstairs full of unique toys for children of all ages.
Growth/Expansion: Turn key operation with continuous growth potential.
Financing: case-by-case
Support/Training: Seller to provide up to 3 months of business transfer assistance at no charge. Additional support available for a fee.
Reason Selling: Moving from area

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