Established in 1999 and operating for more than 25 years, this well-known gift shop is a beloved community staple in one of metro Birmingham’s top suburban retail districts. Located in a leased 2,785 sq ft space (rent $4,180/month), the store serves a loyal, repeat customer base with a constantly refreshed selection of unique gifts for every occasion—baby, birthday, graduation and all major holidays—earning the owner’s description as the “Happy Business.” The business generates strong seasonal fourth-quarter sales and offers attractive cash flow and revenue for a hands-on owner. The sale includes $35,000 in furniture, fixtures and equipment; inventory (estimated at $200,000) is available at an additional cost. The current owner is retiring but will provide a 30-day training and transition and leaves a capable, experienced staff in place. Turnkey operation with immediate upside through e-commerce development and expanded marketing. For more information, please contact Don Smith at 205-879-7220 Ext. 10 or [email protected].
Financial Information
$115,000
Asking Price
$85,000
Cash Flow
$836,716
Gross Revenue
N/A
Down Payment
N/A
Adjusted EBITDA
Business Location
City:
Birmingham
State:Alabama
Reason for Sale
Retirement
Detailed information
Year Established:1999
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:6
Contractors:N/A
Owner Worked Hours/w:30
Inventory Included: No
Inventory Value:
$200,000
Monthly Rent:
$4,180
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 2785
FF&E Included?: Yes
FF&E Value: $35,000
Training/Support
Seller will provide a 30 day training and transition and assist with future buying needs
Market Outlook/Competition
Unique retail store in upscale suburban area
Real Estate Description
Small retail strip center in upscale suburban neighborhood