Established over 20 years, this is one of the premier Gift Shops in the area. The business is located in a leased space in one of the top suburban retail districts in metro Birmingham. It has developed a loyal base of customers who return year after year season after season. The owner says they are in the "Happy Business" From Baby to Birthday to Graduation and any Holiday this community staple meets all of their customer's needs with unique and ever changing gift ideas. The current owner is retiring but offers the new owner a capable and experienced staff. Now is the time to purchase this business and take advantage of the massive fourth quarter holiday sales. To learn more about this wonderful opportunity please contact Don Smith at 205-879-7220 Ext. 10 or email [email protected]
Financial Information
$175,000
Asking Price
$85,000
Cash Flow
$836,716
Gross Revenue
N/A
Down Payment
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
Adjusted EBITDA:
N/A
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