Your Favorite Artisan Gift Shop

Spring Lake, NJ (Monmouth County)

Artisan Spirit, Spring Lake's Favorite Gift Shop
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Asking Price: $118,000

Cash Flow: N/A

Gross Revenue: $178,000

EBITDA: N/A

FF&E: $16,000

Inventory: N/A

Rent: $1,620 /Month

Established: 2015

Your Favorite Artisan Gift Shop

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Business Description

Own a year 'round retail business in one of the most upscale resort areas on the Jersey Shore! Popular go-to gift shop in Spring Lake, located in high foot traffic area on beautiful 3rd Avenue, near restaurants and bank. Unique merchandise and building vibe has helped this gallery representing NJ artisans (and more) become a destination shop for beautiful artisan merchandise, and has contributed to it's continuing growth. Keep up the current pace and your gross receipts will allow you to continue to grow the business significantly! (Gross revenue of 178,000 provided above was year end 2018, and business continues on aggressive growth trajectory.) Two active social media accounts (Instagram @artisanspiritnj and Facebook)and website included. (See website below.) Courtyard in back can be strung with lights for summertime evening events. (We currently feature pop events with new artists on Saturdays in the summer!) Antique displays which include an early 19th century baker's table and large armoire are negotiable with sale(both of which are gorgeous). Owner will train and offer ongoing support and availability to ensure seamless transition. This is a unusual opportunity to own one of Spring Lake's most beloved shops, and the landlord is easy to work with.

Detailed Information

Location:
Spring Lake, NJ
Real Estate:
Leased
Building SF:
900
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Nothing like this unique shop nearby. Our customers come from all over the county to shop here.
Growth & Expansion:
Shop is on a path of upward growth after only 3 years, and there's much more to come.
Support & Training:
Available and encouraged!
Reason for Selling:
Empty nester with opportunity in another locale.
Business Website:
http://artisanspirithandmade.com
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Business Listed By:
Heather MacConnell

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