Popular, Successful Gift Shop - Trendy Neighborhood
www.GlobalBX.com
Listing ID:
700371534
Listing Title:
Popular, Successful Gift Shop - Trendy Neighborhood
Quick Link:
http://www.globalbx.com/listing.asp?bId=371534
Industry:
Retail
Industry Segment:
Other Retail
Country:
United States
State / Province:
Oregon
Area
City:
Asking Price Range:
$250K - $500K
Gross Revenues:
$398,000
Cash Flow:
$95,423
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2013
Number of Employees:
1 - 3
Business Description:
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
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