About the Business
This is a well established and profitable shop that has shown consistent profitability over many years. The store is well appointed, attractive and fully stocked. The customer base is local shoppers, event attendees, and tourists. Broad line of merchandise including cards, gifts, decorator items, Kentucky-related gifts and souvenirs, University of Kentucky merchandise.
Price: $30,000 plus inventory
Gross Income: $206,000
Seller's Discretionary Earnings: $30,600
Inventory: $28,000 not included in price
Furniture, Fixtures, & Equipment: included
Real Estate: leased
Facilities: Rented store in shopping mall. Convenient to downtown activities and events, convention center, hotels, and Rupp Arena.
Employees: 3 part-time plus owner
Year established: 1977, operated by current owner since 1990
About the Sale
Management and training support: Seller will help insure a smooth transition.
Reason for selling: Retirement
Confidential information about this opportunity is available to qualified buyers upon signing a Confidentiality Agreement and completing a Buyer Profile - these documents are available on this website's "For Buyers" page.