Featured
Pictures are stock images and are not indicative of the actual business.

Asking Price
$159,000

Annual Cash Flow N/A

Annual Revenue $40,000


EBITDTA:

FF&E: $15,000

Lease Rate: $3,500

Ref ID:

Established: 1986

Business Description

This gift shop has been a staple in Fairhope, Alabama's Historic Downton Business district, for 36 years and is located in the middle of Fairhope Avenue. Finding retail space in the heavily visited downtown shopping district is infrequent. This shop is known for having something for everyone with unique gifts for a friend, loved ones, or yourself. This variety shop offers jewelry, fragrant candles, holiday items, artwork, and many other hard to find items. The owner has worked the store on a part time basis, and current sales figures reflect this situation. This business can be your personalized shop and would see increased sales and cash flow by hiring a few employees and working the shop full time. This shop is a popular stop with locals and tourists. There is a rear entrance with two parking spaces for easy access to the store. This business comes ready to sell with a complete inventory of unique items and gifts. Sales can also rise by increasing social media posts and starting internet sales. See sales at the many special events in this downtown area. This business comes with contact information for 10,000 customers (5,000 on FB and 5,000 in house clientele.) Buy this turn key long standing business in the popular downtown area; it won't last long on the market. All reasonable offers will seriously be considered.

Detailed Information

Listing Agent:David Chew

Inventory: Included in asking price

Real Estate:

Building SF: 1300

Employees: Run by owner

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

City:Baldwin County

Phone:251-278-8171

Support & Training: 30 days training and support

Reason for Selling: Moving out of state

Lease Expiration: 1 year

Growth & Expansion: Up to new owner