|
Gift & Souvenir Shop All 'made In New Mexico'
Location New Mexico,United States
Asking Price Range < $250K
Gross Revenues $80000
Net Profit / Cash Flow $22000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2006
Number of Employees 1 - 3
Inventory 28000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training 40 hours minimum, more negotiable.
Reason for Sale Health (fibromyalgia) and to semi-retire.
Description Capitalize on the growth coming as a result of Spaceport America (just featured in Entrepreneur Magazine)! Business only for sale for $35,000, including $20K of fixtures & equipment, in place annual advertising & 40 hours training. Inventory negotiable. Opened Sept 06, this shop has over 3,000 items in inventory from more than 80 NM artists, artisans, craftspeople & companies. Unique market niche featuring made in New Mexico creations, gourmet foods, gifts, souvenirs, art, stained glass, ceramics, pottery, apparel, metal art, cards, photography, fiber art, jewelry, purses, scarves, hats, and so much more. Shop is over 3500 sq. ft. and handicap accessible. 5 rooms with bathroom and 4 entrances. South room could be rented out separately. Truth or Consequences is growing, with Spaceport America being built right now, and their gift shop contract is up for grabs. A local shop specializing in NM made inventory would have a leg up on getting that contract. Close to Elephant Butte Lake. T or C also is home of hot mineral water bath houses and city is starting new campaign as 'world's most affordable spa town'. Lots of recent press makes this a town on the rise. This shop is the largest in the entire state to specialize in made in NM inventory. A new website and shopping cart would put it over the top. Current owner has spent 3 years and $50K getting shop to profitability but health issues are causing problems in implementing above mentioned plans. Wants new owners to continue the 'made in New Mexico' theme with their ideas and energy, but doesn't want to just dump the business and sell the building. You can have building and business for under appraised value of building alone with good financials! Contact for more information on this Gift & Souvenir Shop for sale.
Click Here To Contact Seller
|
|
