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Popular, Successful Gift Shop - Trendy Neighborhood
Location: United States -> Oregon
Industry: Retail > Other Retail




Business Summary

Fabulous gift shop located in the heart of one of Portland-s trendiest neighborhoods, offers well designed and carefully curated gifts, home d-cor, baby clothes, toys, stationery and PNW themed curios.

Featured in the New York Times, Sunset Magazine, Rachel Ray and Portland Monthly Magazine, this unique shop has a strong local, national and international following and customer base. A recently revamped POS system and modern website allows for efficient processing and shipping of orders. Over 4,200 Instagram followers and a popular Facebook page.

This fun and easy to run shop employs the owner full time, as well as two long term full time and one part time employee. After 9 years running this successful business, the owner is ready to retire.
Established in 2013, this business was born of the concept that the ideal shop should offer unique and well-designed products at affordable prices - in an inviting, approachable, relaxed atmosphere.
There are other gift shops in town but few that inspire the loyalty and following of this one.

The US gift, novelty, and souvenir store industry includes about 22,000 stores with combined annual revenue of about $16 billion. The average person spends $1,387.04 a year just on holiday gifts. That total doesn-t include casual gifting or life milestones that traditionally involve gifts, like birthdays, graduations or retirements.

New owner could grow the business even further by expanding categories and increasing online ecommerce business.

Multi-Use building


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $398,000
Cash Flow:   $95,423
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $79,000
Seller Financing:  Yes

About The Business

Year Established:  2013
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  retirement




Print Listing Id: 700371534
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Oregon Businesses For Sale > Oregon Franchises For Sale > Oregon Business Brokers



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