Profitable Gift Shop
Location Ontario,Canada
Asking Price Range < $250K
Gross Revenues $325000
Net Profit / Cash Flow $70000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1988
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Illness
Description $59,000, RETAIL GIFT SHOP with $70,000 Profit in 2012
This thriving gift shop located near Ottawa, Ontario generated more than $70,000 in profit in 2012 (EBITA, before owners wages) and is for sale for $59,000 plus inventory (inventory value is $40-65,000 depending on season). Modern fixtures, current POS software and systems, clean accounting and fresh inventory along with a sales base that will cover your costs and provide a decent salary, now, with more in the future. Great location, reasonable overhead and store hours, modern management systems, ecommerce website, respectable margins, not a franchise, full transition training.
This is a tremendous opportunity for a purchaser. Due to illness the business is being sold for the cost of the fixtures and inventory.
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