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Businesses For Sale > Business For Sale in Blaine County, Idaho (ID)
60-Year Unique Resort Area Retail for sale in Blaine County, ID
Blaine County, Idaho (ID)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 250,000 |
$ 471,500 |
$ 46,170 |
Furniture and Fixtures Value:
$ 30,000 (included in the asking price)
Inventory Value:
$ 70,000 (included in the asking price)
Business Summary:
With over 60 years as one of the highest profile retailers in the area, this iconic specialty gift shop attracts locals as well as recurring tourists. Many say it is the MUST STOP shop in town. The store features unique gifts, souvenirs, resort T-shirts, jewelry and women’s accessories, clothing, and unique toys. The owner believes everything should be fun and affordable – one of the main reasons for the store’s longevity and popularity.
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| Facilities / Terms of Lease:
The facility contains about 1,575 sq. ft. on the ground floor with a small loft and storage space in the basement. Current rent is scheduled at $5,000 per month, but the landlord has reduced the rent to $3,750 through the end of 2009 in response to the recession. The lease has been extended through 2017. |
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| Potential
Growth/Expansion:
After managing the business remotely for several years, a “fresh” approach to marketing and a local presence by an owner would be a positive factor. The in-store management and experienced sales personnel all plan to stay. Additionally, the owner leases an adjacent retail shop. This space is also available for lease to the new owner either as expansion of the existing business format or as a replacement for other retail themes. Several former retail establishments in the community have closed, however the need still remains for various products that used to be provided. |
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| Reason for selling:
The Seller is planning to retire. |
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Seller Reference Number: DN3962
BusinessMart.com Listing Number: 62419 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Arthur J. Berry, Broker
Arthur Berry & Company
208-336-8000
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