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Businesses For Sale > Business For Sale in Baltimore, Maryland (MD)

Custom Stationery & Gift Shop For Sale

Baltimore, Maryland (MD)

Asking Price: Gross: Cash Flow:
$50,000 $455,341 Undisclosed

Furniture and Fixtures Value:
$25,000 (included in the asking price)

Inventory Value:
$85,000 (not included in the asking price)

Business Summary:
Recession proof Custom Stationary/Gift store in fabulous marketing enclave with high foot traffic, concerts and affluent clientele. Customers come in for very happy occasions such as weddings, births, religious celebrations and parties for all occasions. People continue to get married, have babies, get bar mitzvahed and have birthday parties even in a down market; therefore there is always a need for stationery. There is a proven record of repeat business. – if you hook a customer when they come in for birth announcements, they will come back for christening invitations, 1st birthday party invitations, personalized note cards and calling cards etc. The typical customer is women age 25-70 from the local neighborhoods, but also as far away as Pennsylvania, Annapolis and Harford County. The foot traffic is great for turn-key sales from our gifts, stationery, and journal lines; but they are considered a destination shop for the more custom work such as wedding invitations, bar/bat mitzvah invitations, birth announcements, and personal/business stationery. Valid and active mailing list of over 2500+ customers and an opt-in email list of over 1000+ customers which allows you to market to them on a more regular basis for a very small fee. Partnerships with exclusive stationery lines: William Arthur (became part of their General Growth Partnership the first year of selling the line with a 612% increase – it usually takes stores 3-4 years), Crane’s(gold star partnership within one year of selling the line), Prentiss Douthit, Real Card Studio, Stacey Claire Boyd, Boatman Geller, Dabney Lee and many more. It also boasts a strong in-house design team that can help create a more unique or specific design that a customer may request.

 

   
Year Business was Established: 2003
   
Number of Employees: 2FT/(PT 10-30hrs/wk)  
   
Facilities / Terms of Lease: five years with five year option.  
   
Potential Growth/Expansion: Internet sales, Corporate Clients, extend into event palnning, change in store product mix, Hold in store events for fees (calligraphy, bridal classes, etiquette classes)  
   
Competition: Internet stationary stores but these lack the personal service and contact of this exciting shop. There are some other s but not in the immediate area.  
   
Owner willing to finance: Possibly but not preferred.  
   
Owner willing to train: Reasonable amount of training available.  
   
Reason for selling: Owner has health issues.  
   
Seller Reference Number: bm1623202011
BusinessMart.com Listing Number: 45780
 

 

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For more info contact:

Edward V. Curry Jr.

The Curry Group LLC
410-374-1629

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