Michigan Gift Store and Pasty Shop
Listing Price: $829,999
- Asking Price: $829,999
- Cash Flow: N/A
- Gross Revenue: $1,006,742
- FF&E: N/A
- Inventory: $70,000
- Established: 2011
Business Description
Turn-Key Gift Store
For more information, please call or text Nadir Jiddou at 248-220-3274.
This store is in historic downtown Howell and carries many unique Michigan-made products. They include apparel, wine, Michigan-made snacks, treats, gift baskets, and an exclusive license for Faygo candles and air fresheners. They make fresh U.P. Pasties in their store daily with 8 flavors. They have an excellent customer base, as indicated by their online reviews.
Many improvements have been made to the building, including a roof, electrical, and pavement. The business improvements include a new operating system for both hardware and software, a new internal server with a LAN network, and multi-inventory locations. Exclusive rights to manufacture and sell particular Faygo products are also included.
The owner is planning on retiring after 12 years in this business.
Detailed Information
Location: Howell, MI
Inventory: Not included in asking price
Real Estate: $480,000
Building SF: 3384
Employees: 5FT / 5PT
Facilities: 3,384 total square-foot, 2-story building with a 2nd-floor apartment. The apartment is 1,128 square feet and has a large patio. It's located on Grand River in downtown Howell.
Competition: Minimal competition in the area for this type of store.
Growth & Expansion: Great opportunity for continued growth
Financing: Yes Seller financing is negotiable and SBA available for qualified buyer.
Support & Training: The seller will provide the purchaser with a training period beginning at the closing for a period of 14 days 8 hours per day at no additional cost to the buyer.
Reason for Selling: Retirement
- Listing ID: 2786
- BizBuySell ID: 2117610