Successful Card and Gift Shop in Montgomery County Pa.

Maple Glen, PA (Montgomery County)

Successful Card and Gift Shop in Montgomery County Pa.
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Asking Price: Get Financing: $341,000

Cash Flow: $136,454

Gross Revenue: $488,662

EBITDA: N/A

FF&E: $45,000

Inventory: $169,158*

Lease Rate: $45,603 /Year

Established: 1968

*not included in asking price.

Successful Card and Gift Shop in Montgomery County Pa.

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Business Description

GREAT OPPORTUNITY to own a profitable Card and Gift Shop!

This is a unique and well established Card and Gift Shop is located in a highly active shopping center located in Maple Glen, Pa. and boasts 2000 square feet of inventory and an exceptional 50% off Designer Greeting Card line. Our loyal customer base with our inspiring and unique inventory and personalized “Mom and Pop” customer service has made this store a success with a strong foundation from which to grow.

With over 30 years of "Father and Daughter" ownership and growth in this shopping center, a semi-retirement decision by the owner is creating a phenomenal opportunity for a new entrepreneur. The owner has a wealth of knowledge and would be happy to share, if desired, including training.

Inventory must be purchased in addition to asking price of the business, but is separated from the asking price due to fluctuation in seasonal inventory. With just under two years left on the current lease, this creates an opportune time for that special individual or "Family" looking to buy an established, profitable business with a loyal customer base.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
2/29/2020
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Less than 2 years left on current lease. There is plenty of parking spaces. 2000 square foot store front. Located in a shopping center with Giant Foods as an anchor store and three highly traveled roads with high visibility.
Growth & Expansion:
The owner expanded to a 2000 square foot location within the shopping center nine years ago. This move created an opportunity for better inventory showcasing and additional footage for increased greeting card selection. Our 50% off Designer Greeting Card Line program creates new traffic into the store and added sales. This card line continues to grow in retail sales every year. There is currently no online presence or social media used to advertise. This creates an opportunity for increase sales through awareness for the new owners.
Support & Training:
The current owner is extremely interested in the continued success of this business and would love to offer as much support and training as desired.
Reason for Selling:
Semi-Retirement
Business Website:
http://N/a
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Business Listed By:
Rebecca Paxton

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