**SOLD**Internet Store and Brick and Mortar Gift Shop**SOLD**

Tucson, AZ (Pima County) (Relocatable)

Seller Financing Available
**SOLD**Internet Store and Brick and Mortar Gift Shop**SOLD**
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Asking Price: $120,000

Cash Flow: $55,500

Gross Revenue: $158,000

EBITDA: N/A

FF&E: $7,000

Inventory: $65,000

Rent: $1,261 /Month

Established: 2018

**SOLD**Internet Store and Brick and Mortar Gift Shop**SOLD**

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Business Description

Everyday, without fail, there are orders to be processed from the eCommerce stores on Amazon and eBay as part of this retail operation. All the internet inventory is located at the back of the store so each day, the orders get printed, and items wrapped, double checked for accuracy and shipped to customers all over the world. The eCommerce stores maintains "excellent" ratings from hosts. The "front" of the store are gifts, knick-knacks including gems, silver jewelry, the cutest stuffed javelinas, local honey, and Mexican pottery for visiting tourists and locals. The owner moved from prior large store on 4th after nearly 30 years to the present location because of the great visibility in a unique and destination retail neighborhood. The dual purpose store (retail and eCommerce) is running smoothly and ready for some new imagination and energy as the nearby customer base is about to explode with the student housing complex scheduled to open for the Fall semester.
Cash flow recasts new owner working full-time and employee going part-time. Current owner works part-time and has cash flow of about $47,000.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
9/30/2019
Employees:
1FT, owner PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full retail turnkey operation for both the brick and mortar retail store and the Internet eCommerce operation, both housed in the compact retail location just east of downtown in the Lost Barrios area. Internet stores on Amazon and Ebay doing over a $100k. Front retail doing 50k. Retail store Point of Sale system allows consignees and ready for more. The 2 containers in back of the store (holding inventory) are not included in price, and available for $2500 each
Competition:
Located in an destination neighborhood, the only gift shop amongst other hip and specialized retail stores that draw both tourists and locals. Large student housing project opening near by in Fall of '19 will flood the street with new customers.
Growth & Expansion:
After downsizing in the move to present location in late 2017, the owner is poised to re-imagine the retail portion of the store as the customer base will be expanded to include students. The Internet eCommerce stores are always ready for new ideas and items.
Support & Training:
Owner will orient, train and mentor buyer to insure a smooth transition, terms negotiable. Long-term employee has agreed to stay on for reasonable period to help train and support new owner as they get up to speed.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Bill Swan

Business Listed By:
Bill Swan

Tucson Business Investments

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Sponsoring Broker:
Jon Barger, CBB, SBA

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