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Business for Sale Summary

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
Activities and Gift Shop For Sale in NC
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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.

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