Established and Popular Gift Store - Great for a First-Time Buyer

CT

Established and Popular Gift Store - Great for a First-Time Buyer
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Asking Price: $20,000

Cash Flow: $25,000

Gross Revenue: $85,000

EBITDA: N/A

FF&E: N/A

Inventory: $45,000*

Established: 2010

*not included in asking price.

Established and Popular Gift Store - Great for a First-Time Buyer

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Business Description

This store will be a great acquisition for a first-time business owner or for someone who wants to unleash his or her entrepreneurial potential.

This great business is located in one of the historic downtown of Litchfield County, CT. It serves not only to the local community but attracts customers who visit area’s landmarks from all over CT, NY and other areas. The store is bright, clean, welcoming with mute but nonetheless attractive interior design. It has amazing selection of products for all occasions; plenty shelf and storage space, and parking along the street that is enough for store’s customers. This business occupies its own niche among other local small shops and there is no competition to it.

The owner was not interested in growing the business in the past years and, therefore, didn’t employ any of the growing opportunities available to the new owner such as adding social media advertisement, amending the gift selection, extending the store hours and being more involved in the community.

Detailed Information

Inventory:
Not included in asking price
Facilities:
The Company is located in the heart of a town, surrounded by various complimentary businesses and restaurants. The building that houses the store was built in early 20th century and has a historic vibe to it. The store itself is very bright with polished wood floors and a carpeted entryway, large front windows, and muted walls. It has an elegant set up which creates a warm feel.
Growth & Expansion:
A number of growth opportunities are available for the new owner.
Support & Training:
The owner will provide training necessary for transition
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Irene Syomichev

Business Listed By:
Irene Syomichev

Comer Business Brokers.

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Sponsoring Broker:
Irina Comer, MBA

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