Gift Shop

Reference Code 0760

This is a great opportunity to own a well-established, well-known Gift Shop in Oakland County. Established in 1987, this cute 1,700 sq. ft. whimsical Gift Shop specializes in Michigan-Themed Gifts, Home Accents, Baby Collections, Handbags, Gift Cards, Candles, Clothing, Soaps, Kitchenware, Books and so much more. The store offers walk-ins, online ordering along with shipping options and local delivery services. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding additional retail items, joining the Chamber of Commerce and opening satellite locations, you have HUGE potential to the already solid gross sales and cashflow. Seller willing to stay on board through the transitional period and train. A must see/must have business that will not disappoint or last long. Turnkey operation only needing a new owner/operator. Seller financing is available along with training.

Business Location Oakland County, MI

Gross Sales $298,848 Cash Flow $100,000 Business Price $220,000 Down Payment $99,000 Monthly Payment $2,453.44 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales Inventory Value $65,000 Employees Full Time 2 (1099) Date Established 1987 Hours of Operation Mon-Fri 10am-6pm / Sat 10am-5pm / Sun 12pm-4pm Rent $2,500 Gross Lease Period 12/2027 Reason for Sale Retirement