Activities and Gift Shop For Sale in NC - 34658 Business Type: misc. retail/non-classifiable,misc. service/non-classifiable,other personal services,owner financing available,gift and specialty retail
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $265,000 | Down Payment | $265,000 |
Gross Revenues | $266,186 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $150,000 | Number of FT Employees | Register Free to View |
Financing
$265,000 Down and Owner will consider some financing
Business Description
Coastal North Carolina is a rapidly growing area and is one of the top vacation destinations in the state.
With a 20-year history, this unique gift specialty retail and family fun kid activities shop is one of the area's top attractions.
Sales have shown steady increases over the years. The store has an ideal location that benefits from a lot of foot traffic.
This gift shop has very little competition.
It has a great selection of in-stock and souvenirs, which includes Del Sol color-changing products, T-shirts, silver jewelry with semi-precious stones, and sea shells.
It also retails local art such as wind chimes, ceramics, jewelry, paintings, and hats.
A major draw is the shop's family fun and kid activities, including hair wraps and braids, henna and airbrush tattoos, and sand art creations.
The new owner could increase sales by opening 7 days vs. 6; advertising (none now); and expanding the wholesale operation, which accounts for 25% of sales.
The seller is selling due to retirement and will provide training and is open to considering some seller financing.
Owners are willing to stay on as employees if desired.
For more information on this listing, call David McPherson at 919-789-0566.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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