Unique Gift Shop with Strong Online Presence
Retail Miscellaneous - Retail Specialties
| Status |
Active |
| Listing ID |
N515-RA |
| Listed Price |
$280,000 |
| Down Payment |
$280,000 |
| SDE |
$274,724 |
| Total Sales |
$274,724 |
|
| Asset Info |
| Inventory†
| $150,000 |
| Leasehold Improvements†
| $90,000 |
| Furn., Fixtures & Equip.†
| $40,000 |
|
† Included in price
‡ Not included in price
|
|
Reason For Sale
Health Concerns
Operations
| Year Established |
2003 |
| Form of Ownership |
Corporation |
| Absentee Owner |
N |
| Franchise |
N |
| Days & Hours |
|
| Years Owned |
8 |
| Business Age |
9 |
Location
Greater San Jose Market
| Type of Location |
|
| Lease Expires |
09/01/2015 |
| Security on Lease |
|
| Location Comments | |
Executive Summary
Business Description
This gift store has both a physical and virtual location. They sell custom and standard gift baskets. They have been closely tied to charitable organizations and have a large database of loyal customers. The owner is forced to sell for health reasons. The best approach to growth is to kiosk in malls and other stores. Profits are offset with inventory purchases for tax reasons. SDE is available upon request.
|