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BUSINESS FOR SALE - PROFILE #  41848045

Ladies Gift Boutique
Greensboro NC
Asking Price: $80,000   Down Payment: $80,000  
Gross Revenue: $100,000   Adj. Cash Flow*: $40,000  
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Executive Summary
9 year-old ladies "Whimsical Eclectic" small retail Gift Boutique.  Great name, market niche and location.  Included in the sale is everything: Inventory, Fixtures, Displays, Office furnishings and equipment, Name/Logo/Website/Signage and Packaging.  Started in 2003 and moved this past year to this first-class location: 1000 sq. ft. of intimate space in the hottest shopping center in the city, at a great lease rate. ($1700/mo.) $25K spent in up-fitting and $5K on signage.  Wonderful, unique-mix of attractive gift-style products, many NC-made.  Loyal customer base with over 2,000 email addresses. Winner of "Best Gift Store" awards.  Owners looking to move to their NC coast home and retire.

Acquisition Highlights

  • Sales have been growing since relocation. Hands-on Owner/Operator could significantly increase sales
  • 1700/mo. for 1000 sq. ft. New lease will need to negotiated with excellent landlord.
  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)
Established in: 2003 Inventory: $70,000 Included
Employees: 1 FT, 2 PT Furniture, Fixtures & Equipment: $50,000 Included
Lease/Rent: $1,700 Real Estate:
Building Sq Ft: 1000
    Total Assets Included in Sale: $120,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:
Contact:  Calvin Harris
Phone:  (336) 855-8722
Fax:  (336) 855-8725
Other:  (336) 338-1543
E-mail:  charris@vrgreensboro.com 		VR Business Brokers - Greensboro, NC
373 South Swing Road
Greensboro, NC 27409
www.vrgreensboro.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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