No Experience is Required. Strong ROI. Fantastic opportunity to own this well-established and profitable home decor and gift store.They offer a wide selection of specialty home furnishings, artwork and accessories. Surrounded by complimentary retail stores and restaurants in a highly desirable location, the gross monthly rent is $3,495 for 1,050 sq.ft. with an additional 200 sq.ft. of patio space. The store's gross revenues over the past four years has been steadily increasing with 2018 sales thru Nov. of $242,000 with Sellers Discretionary Earnings (SDE) or true cash flow of $77,000!
Inside you will discover a trendy, up to date loft-style boutique that embraces rustic charm. Shoppers tend to linger and are captivated by the eclectic mix of home accessories, furnishings, artwork, gifts and jewelry. In addition, the business website offers an online shopping portal selling furniture, accessories and area rugs for the home. Items can be purchased using the shopping cart for convenience or they can order through the store. All major credit cards are accepted. They rely upon walk-in shoppers, repeat and word-of-mouth for their sales without the benefit of utilizing any advertising. However, this provides a great opportunity for further growth for the new owner to put in place a marketing plan and to use social media to attract more customers. This is a turnkey business ideal for an owner-operator.
Seller will provide three weeks of training and knowledge transfer to the buyer when a purchase has been completed. The inventory is not included in the list price.
Disclaimer: The information contained in this advertisement was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability.
boutique, gift shop. gifts, novelty, home decor, art