 |
Invitations, Stationery And Gift Boutique For Sale - Del Mar, California
|
|
|
Profile: Invitations, Stationery And Gift Boutique.
|
Ad/Listing Information
|
Contact Information |
 |
|
|
| Seller Or Contact: |
Shari Bayne, Agent
|
|
| Primary Phone: |
858-391-3388 |
|
| Alternate Phone: |
None Given |
|
| Email Address: |
Email This Advertiser |
|
| Date Started: |
8/19/08 |
|
| Date Last Revised: |
8/19/08 |
|
| BizBen Ad #: |
122168 |
|
| Financial Information |
Detailed Information |
|
| Asking Price: |
$149,000 |
| Down Payment: |
Call |
| Annual Revenue: |
$197,586 |
| Annual Adjusted Net: |
$65,599 |
| Price Range: |
$100,001 to $250,000 |
|
| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
|
|
|
Description:
|
Summary
This Charming Boutique Offers Invitations And Announcements For All Of Life's Special Occasions, Including Weddings, Showers, Birth Announcements, Parties, Anniversaries, Holidays, Memorials, And Corporate Events, To Name A Few. They Also Offer Personalized Stationery.The Store Is Located In An Upscale Retail Mall In The Del Mar Area. The Current Owner Has Had It For 3.5 Years And It Has Always Been Run With An Absentee Owner. In Late 2006, The Owner Opened A Second Location And Found That The Second Location Really Didn't Do Much To Increase Profits After All And It Took Too Much Time Away From Her Full-Time Business. Thus, That Location Was Closed In Early 2008. The Financial Data Supplied In This Profile Does Not Include The Sales Nor Expenses From That Second Location.The Business Is Ideal For A Creative Thinking Person Who Has A Passion For Crafts And Likes To Design. Thus, A Graphic Design Background Would Be Beneficial To A New Owner.
Marketing
Since The Majority Of The Business Is For Wedding Invitations And Showers, The Seller Attends The Local Bridal Shows And Has A Very Nice Display Booth For The Show. They Also Participate In Group Ads With The Other Retail Stores In The Mall.
Strengths & Opportunities
Located In A Very Popular Upscale Retail Mall; Profitable While Still Being Run With An Absentee Owner; Large Potential For Future Growth; Manager In Place Already; Recession Proof…weddings And Events Are Always Happening Regardless Of The State Of The Economy; Very Well Known Name With A Great Reputation For Excellent Service.
Hours & Staffing
The Store Is Open Monday Through Saturday, From 10am To 6pm And On Sundays From 12pm To 5pm. There Are 2 Part-Time Employees That Are Paid 8.00 To 10.00 Per Hour. The Third Part-Time Employee Works About 32 Hours Per Week And Is Considered To Be The Manager Of The Store. The Current Owner Receives A Great Deal Of Input From This Employee On What The Customers Are Looking For. The Manager Is Aware Of The Impending Sale And Would Be Willing To Continue Working With A New Owner.
Area, Facilities & Equipment
The Boutique Leases 600 Square Feet And Services Walk-In Customers From The Communities Of Del Mar, Solana Beach, Carlsbad, Rancho Santa Fe, Encinitas And Carmel Valley. Because The Business Has Such A Strong Reputation In The County, They Also Get Customers Who Drive To The Location Just To Order Their Invitations.
Company History
The Business Was Started In 2001 And Sold To The Current Owner In 2004. It Has Always Been Run With An Absentee Owner. In October Of 2006, The Seller Opened Another Location In Carlsbad, However, Ended Up Closing It In January 2008 As It Just Wasn’t Profitable. The Seller Believes That More Marketing For The One Location Would Be A More Effective Way To Grow The Business Further.
Financial Summary
Please See Attached Financial Summary.
|
For More Info Call: (Please Mention You Saw This Ad On BizBen):
Shari Bayne, Agent at 858-391-3388 Non Disclosure Agreement |
Business For Sale Photos
|
See All Our Other Businesses For Sale We Have Available
|
|
| 2008-09-04 |
 |
|
|
|
|
