Retail Card & Gift Shop
www.GlobalBX.com
Listing ID:
700281798
Listing Title:
Retail Card & Gift Shop
Quick Link:
http://www.globalbx.com/listing.asp?bId=281798
Industry:
Retail
Industry Segment:
Other Retail
Country:
United States
State / Province:
Florida
Area
City:
Sarasota County
Asking Price Range:
$250K - $500K
Gross Revenues:
$1,255,933
Cash Flow:
$146,178
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2002
Number of Employees:
1 - 3
Business Description:
TWO BUSINESSES UNDER ONE ROOF. A Retail Card & Gift Shop and a Contract Postal Unit. Asking Price is $275,000. This is a Turnkey Opportunity to step into a well established business that generates healthy cash flow. This business has been in the same location for 19 years and has been owned and operated by the current owners for the past 14 years. Taxable income for 2015, 2016 & 2017 respectively is $23,300, $58,924 & $88,654. Owners Benefit/Free Cash Flow for the same three year period is $70,420, $100,405 & $146,178, a 52% increase from 2015 to 2017.
THIS BUSINESS HAS BEEN PRE-APPROVED FOR SBA FINANCING.
The shop operates out of roughly 1,500 Sq. Ft. of space and is attractively designed & displayed to encourage customers stopping in to transact their postal business, to browse the card and gift shop for gift ideas. The Contract Postal Unit provides all of the services that the Post Office provides. The Government only grants Contract Postal Units as the need arises and will not grant more than one CPU within a 15 mile radius, giving this store a competitive edge in the market place.
There is tremendous upside potential for a Tech Savvy new owner who knows how to develop and design websites, use the internet and implement a strong marketing campaign. The big pluses to this business is repeat customers, growing revenues, easy to operate and plenty of parking in a high traffic Shopping Plaza.
Please Contact Hank Goldsby with any questions. Cell Phone: (941) 726-2259.
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