Property Details

Very Popular Decorative Gift Shop - Rochester

Property ID : WSD24.290

For Sale $235,900.00 - Florist/Gift Shop, Retail

DESCRIPTION:

  • A Very Popular Decorative Gift Shop located in Monroe County NY
  • This charming shop has been in operation at this location for   many years
  • This shop is beautiful and well laid-out
  • This shop sells an extensive variety of beautiful hand-made woodcraft, glassware, jewelry, pottery, gifts, home décor, and a multitude of other items from artists throughout the USA and Canada
  • A brand-new website has been designed and developed
  • This store currently is open 6 days a week, and a total of 42 hours per week

ASSETS/FIXTURES/EQUIPMENT: (Included in the asking price)

  • $ 30,000 in Furniture, Fixtures and Equipment, valued at Fair Market Installed.
  • $ 48,000 in Inventory consisting of Art Work, Gift Items, Home Décor Items, and Packaging Supplies

 LEASE:

  • Gross Rent is $ 5,455.63 per month and is currently on a month-month lease
  • The Buyer of this business will be offered a long-term lease by the Landlord

SALES AND SDE:

2021            2020               2019                 2018

Sales:  $ 484,662     $ 423,286       $ 503,967          $ 558,380

SDE:   $ 100,657     $   63,623       $   72,329          $   61,519

 PRICE/FINANCING:

  • The Asking price is $ 235,900

 COMMENTS:

  • An excellent turnkey operation for anyone experienced or interested in this type of business.
  • Expanding the hours of operation, doing more advertising, and more online sales would increase sales and income

Agent Stephen DiPaolo

  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
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