BizEx389-TP: Gift, Table Top & Photo Retail

Background:

General Location:West San Fernando Valley
Category:Retail
Retail > Florist, Gifts
Years in Business:15
Under Present Owner:15
Hours of Operation:10 - 7 M-F, 10 - 5 Sat
Owner Hours:10 - 7 M-F, 10 - 5 Sat
Training: 2weeks, 40 hours/week
Organization Type:Sole Proprietor
Lease Expiration:Will need new lease.
Lease Options:Possible 5 year option.
Building Size:830 sqft
Employees:1 FT; 1 PT

Reason for Sale:
Pursue other Business Interests

Financials

Asking Price:$249,000
Down Payment:Negotiable
Gross Sales:$207,000
Discretionary Cash Flow:$109,305
FF&E:$ 50,000
Inventory Included?Yes
Inventory:$200,000
Minimum Operating Capital:$15,000
Real Estate Available?No
Real Estate Asking Price:$
Rent:$3900 nnn
Payroll:$ /month
Financing:None

200920102011**
Gross Sales163,285162,221207,000
Gross Profit100,37092,324112,995
Disc. EarningsTBA100,244109,305

* YTD as of , ** = Prorated.

Broker Info


Tom Plotkin
Business Broker
(310) 882-2200 ext 127
LIC# 01895229

Michael S. Davidson
Business Broker
(310) 882-2200 ext 101
LIC# 01257681

Summary

Fabulous gift store featuring gift top collectibles and much more. Located in an up-scale shopping village nestled in the southern hills of the West San Fernando Valley, this high-end gift store caters to discerning customers who visit the store to shop for exclusive gift items. The business also offers excellent quality photo-finishing.

Sourcing the finest gift and table top items since 1995, the owner offers a tasteful
assortment of creations from Michael Aram, Faberge, Limoge, Jay Strongwater, Edgar Berebi and many other world renowned artisans.

Now looking to re-direct time and resources to develop a new enterprise, the owner
is willing to sell this profitable business which includes fixtures and inventory that alone have a replacement cost value of $300,000.

While the present owner relies on word-of-mouth and repeat business, the
new owner will want to place the business online with an effective website and a social media campaign to cultivate new clients for fresh sales and added profits.

An excellent business for a couple who want to work with retail clientele in an environment of beautiful gift items.

For more detailed information about this opportunity, please visit Bizex.net and complete the Buyer Registration and N.D.A. online forms.

You may also contact Tom Plotkin at 310.882.2200 ext 127 and tplotkin@bizex.net.









More Details

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DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.