Stationery & Gift Store Established (Over 20 Yrs)Great Owner Profit !!

Columbus, OH (Franklin County)

Not Actual Business Photo
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Asking Price: $189,900

Cash Flow: $88,718

Gross Revenue: $429,595

EBITDA: N/A

FF&E: N/A

Inventory: $19,000*

Established: 1999

*not included in asking price.

Stationery & Gift Store Established (Over 20 Yrs)Great Owner Profit !!

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Business Description

A Business That You Would Be Proud To Own !!!!

An award winning “gorgeous” niche retailer offering the largest selection of specialty stationery in Columbus. Established (over 20 years) this independently owned shop and online store offers luxurious stationery, artisan printing, exquisite wedding invitations, greeting cards, and vintage inspired gifts.

The shop specializes in the sale of custom designed invitations for weddings, baby showers, graduations and an array of social and corporate special events. In addition, if you’re looking for that special hard to find gift, they offer hand crafted jewelry, apothecary candles, small batch perfumes, sumptuous leather journals and fine writing instruments that are all selected and sourced for their exceptional quality and lasting beauty.

The shop consistently receives 4 and 5 star reviews on Yelp, The Knot and Wedding Wire to just name a few. Strong customer referral base with an email data base of over 5,000 active customers. The shops website and e-commerce site have been updated in February 2019.

The shop is staffed with 1 FT and 2 PT Sales Associates and 1 PT (Long Tenured) Graphic Designer. The owner also works in the business.

Strong sales and owner profit with the last two years (2018 & 2017):

Average Two-Year Sales (2018 & 2019) >> $444,627

Average Two-Year Owner Profit (2018 & 2019) >> $93,786

Outstanding opportunity to carry on the legacy which has been built over 20 years.

A Business That You Would Be Proud To Own !!!!

Attached Documents


Detailed Information

Location:
Columbus, OH
Inventory:
Not included in asking price
Employees:
1 FT 3 PT
Facilities:
The shop has tasteful eclectic décor and is beautifully merchandised. The space is 1,570 sq. ft. with a Gross Rent of $3,958 per month. The lease expires 5/30/2023 a lease extension can be obtained from the landlord. Shop is in a very busy area with both car and foot traffic.
Competition:
No competition in the immediate trade area.
Growth & Expansion:
Upside potential to increase sales through increased marketing and promotion of e-commerce site.
Financing:
No seller finance offered.
Support & Training:
Seller will provide transitional support and consultation to insure a very smooth transition to a new owner.
Reason for Selling:
Seller retirement after over 20 years of successful business.
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(from currently available funds)
 
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Frank Nunziata

Business Listed By:
Frank Nunziata

Jim Tharp Realty

Show Phone Number

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Memberships & Certifications:
Indicates membership in the Ohio Business Brokers Association (OBBA).

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