Profitable, Fast Growing Artisan Gift Shop

Belmont, Massachusetts, ID 284360

Profitable, Fast Growing Artisan Gift Shop 1
Profitable, Fast Growing Artisan Gift Shop 1
Asking price:
On request
Owner
Private Person

Сontact with me Private Person

Description

This thriving three thousand square foot artisan gift shop was established in 2013 and is located in a bustling Town Center. This profitable business is a trend setter and anchor store in the Town. Loyal customer base, strong community connections and regional reputation as a go to destination for unique finds, jewelry, home goods, clothing, and specialty gift items make this business a stand out. Annual revenue is one million two hundred seventy four thousand dollars. Cash flow, measured as seller's discretionary earnings, is one hundred sixty three thousand dollars. EBITDA is one hundred fifty nine thousand dollars. The business has a strong growth trajectory with a seventeen percent sales increase and fifty eight percent net income growth year over year since 2023. The business has an established thirteen year operating history with consistent profitability. It occupies a prime three thousand two hundred square foot retail location in a high traffic Town Center. It offers a curated selection of artisan goods, vintage items, jewelry, and home accessories. The community oriented business model creates customer loyalty. Long term well trained staff ensure operational continuity. This turnkey operation offers an exceptional opportunity to acquire a profitable, community focused retail business with strong growth momentum and expansion potential in a desirable Massachusetts market.

Details

Real Estate: Lease
Employees (ppl): 8
Reason for selling: Retirement
Support from seller: Consultancy available
Square m2: 1889

Similar businesses

Create Your Account

Welcome back!

Enter your email address

Create a new password

Choose your language
Choose your сurrency