Business For Sale Listing 115474
Retail Nature Gift Store & Children Adventure
Status as of Nov-21-2008 at 06:07 PM: Active
Business Summary
This business is both a nature gift store and an educational fun place for children to learn about rocks, minerals, crystals & gems. The gift store sells rocks, minerals, crystals, fossils, sea life, butterflies, handcrafted jewelry Folkmanis puppets, rock candy, candles, wind chimes, collectibles, nature sculpture, nature - related games, puzzles, toys, natural oils, perfumes and unusual gifts for adults & children. The educational fun activities for children include digging in a replicated mine that's been "salted" with minerals (and they keep what they find). They do this for individual miners, birthdays, scouts, camps and schools. Business started by current owner's husband in 1987 almost 20 years ago. A lot of kids have been here, and now their kids are coming too! The Asking Price of this business is $119,900 plus inventory (+/- $100,000).
The store is opened 10:00 to 6:00 Monday, Wednesday, Thursday, Friday & Saturday, 12:00 to 5:00 on Sunday and closed on Tuesday. The business runs with the owner and a full time manager - that's right you have a long time key employee who would like to stay with the new owner. You also will need part timers - depending on the volume of parties. Currently there are 3 trained part timers on the payroll. Not counting the owner, payroll averages about 20% of sales (seems fixed at the current sales volume levels). Sales volume for 2006 was +/- $5,240/week. In 2007 sales is expected to increase 20% to +/- $6,300/week. At this sales volume Owner's Cash Flow is estimated +/- $56,000.
The store is about 1,800 square feet, the attic has +/- 900 square feet for a total of 2,700 square feet.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($328,000) |
| Profits: |
Under $100 Thousand ($56,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (219,900) |
