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Business for Sale Summary

Unique Vacation Area Gift and Activities Shop - 34658

Business Type: misc. retail/non-classifiable,misc. service/non-classifiable,other personal services,seller financing available,gift and specialty retail
Unique Vacation Area Gift and Activities Shop
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Financial Information (non-confidential)

General Information
Asking Price $475,000 Down Payment $475,000
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

$475,000 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 retail gift 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. Very little competition. Has a great selection of inventory which includes Del Sol color-changing products, T-shirts, silver jewelery with semi precious stones and sea shells. 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/braids, Henna and airbrush tatoos, sand art creations. New owner could increase sales by opening 7 days vs. 6; advertising (none now); expanding the wholesale operation which accounts for @ 25% of sales. Only selling due to retirement. Will provide training and is open to considering some seller financing.

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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.