| Asking Price |
$175,000 | Inventory |
$80,000* |
|---|---|---|---|
| Gross Income |
$205,000 | Real Estate |
|
| Cash Flow |
$30,000 | Year Established | 2003 |
| FF&E |
$50,000* | Employees | 8 pt |
* included in the asking price
** not included in the asking price
A beautiful, newly remodeled retail store in a high traffic area in a growing marketing in Utah. If you love small towns and have ever dreamed of owning your own scrapbooking, paper, or copy store - this is your chance. The store was established over 5 years ago and has expanded three times because of growth and demand. Located in the fastest growing county in Utah, Wasatch County the store has no direct competition. The store also draws customers from Provo, Park City, and Salt Lake City areas. The store s brand is well known for quality product and excellent service. The store also hosts two large scrapbooking retreats each year, which draw guests from surrounding states and are very profitable. The store has four newer copy machines and the sales mix of scrapbooking product to copies is about 70/30. The store is fully functional, has new computers, excellent copiers, almost all new display shelves, and is located next to a bank in the highest traffic retail center in Midway, Utah. The store is ready for a motivated owner/operator. The owner and manager of the store will help train the new owner for two weeks after the sale is final. The owner could also choose to retain the stores current manager and supervisors if they so wish. All of the current employees are highly trained and many have been with the store for more than three years. The store is currently owned by a management and business development group that started the store as a spin-off of some their other businesses.
Facilities: The store comes with new wooden display cases, shelves, custom card stock shelves, and wall displays. Sale also include computer kiosk, custom built front counter, four newer computer, four high-end copy machines, large & small format laminating machines, large format paper cutter. Sale also included a significant amount of software, including a great Point of Sale system and bar-code readers. Sale also includes all product inventories, which is the majority of the asking price of the sale. We have a 3-year lease, $2500 a month, 2500 sq ft.
Competition: Great market. Wasatch County and Summitt County are growing as fast as any area in the Country. There are no other scrapbooking stores in all of Wasatch and Summit County.
Growth/Expansion: We have expanded three times in 5.5 years. A new owner could easily continue to grow and expand. Could also open new stores in surrounding markets using our good brand name.
Financing: We may be willing to finance the sell.
Support/Training: We are happy to provide support and training for the new owner for 2 weeks after the sale is final. Keep in mind that the store is currentlyl run by the same manager for 3 years, and she could continue to run the store if the new owner so chooses - or at least help run the store on a part-time basis.
Reason Selling: The store is owned by a management and business development company.

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