| Asking Price |
$350,000 | Inventory |
$226,900* |
|---|---|---|---|
| Gross Income |
$393,500 | Real Estate |
|
| Cash Flow |
$27,500 | Year Established | 1991 |
| FF&E |
$56,300* | Employees | 2 ft |
* included in the asking price
** not included in the asking price
Since 1991 this opulent shopping destination serves as a repeat experience for local patrons and a breath-taking welcome to guests of Northwest Arkansas. Customers are enveloped by luxurious home d cor accents and gifts perfectly suited for every budget, occasion and season. High-end lines reserved for prestigious stores are rightfully and beautifully merchandised within this exclusive location. As custom-designed floral arrangements grace each focal point, decorators linger to dream within walls known for heightening professional design sensibilities. Customers rave about abundant gift selections including essential oil lamps, fine china, tableware, personal salon treatments, art, sculpture, pillows and throws, furniture, candles, custom floral, pottery, books, mirrors, scents, seasonal embellishment, gift cards and so much more. Gifts are elegantly packaged in heavy, rich papers and sealed with a signature label--confirming the highest complement to their recipient. The justifiably proud owner states, This shopping experience is as good as it gets any place in the WORLD! This high-caliber store is located in an equally recognized shopping village known for exceptional specialty stores, dining opportunities, recreation and professional services. In April 1996, this shop was one of the first four leaseholders receiving invitation into this retail concept located along busy Hwy 540. Old-world design with tile roofs and wrought iron features 25 spaces totaling about 300,000 SF and about 120,000 SF of retail space. Its relaxing atmosphere featuring lakes, bridges, fountains, established landscape, old-world street lighting and park benches offers a plethora of unique retail shopping, fine dining, and professional services. This is where the best gather to offer a full-day shopping experience.
Facilities: This anchor tenant, situated on one of the busiest commuter highways in the county attracts patrons from affluent areas noted for exquisite homes and refined taste. Studies track 30,000 cars daily at this intersection. Conveniently located in the heart of Benton County--one of the fastest growing parts of the country and home to corporate giants like Wal-Mart and Tyson Foods. An annual lease provides approximately 2,400 sqft.-- including two open-arched showrooms, floral design studio, office, storage, and bathrooms.
Competition: This prime location is surrounded by affluent communities heavily influenced by corporate lifestyles. There are no similar stores to be found due to the unique mix, attention to design, and ambiance. Exclusive lines insulate this store from competition. The owner often receives request from out-of-town/state customers to expand this shopping concept into their communities (i.e. Little Rock, Dallas, and metropolitan areas of California).
Growth/Expansion: Income from repeat customers is an indication for continued growth. Invitation to an annual open house is distributed for guests to be treated with hors d oeuvres, exclusive-line gift previews, special pricing and abundant goodwill. Development of a secure website supported by the cooperative advertising dollars would tap into expanding internet commerce. Bridal and gift registries, along with fresh floral arrangements would be a natural addition to services offered. Increased sales may follow increased owner's presence.
Support/Training: Seller will provide two weeks of training at no cost.
Reason Selling: Retirement with possible relocation.

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