Luxury Gift Shop Businesses for sale in Fairfield County, Connecticut

Business:Luxury Gift Shop Businesses for sale
County, State: Fairfield County, Connecticut
Business Type: General Merchandise Store, Home Furniture/ Furnishings, Apparel and Accessory Store.

Summary Description

High end gift shop located in wealthy Fairfield County town. Close to highway, this business has been in service for 52 years. They sell high-end items to the patrons who are among the wealthiest in the country. Items include lamps, Simon Pearce crystal tableware, Byer's Choice caroler's, Vera Bradley bags, invitations for all occasions and calligraphy. Personalized service that cannot be found in other stores; they cater to your every need (gift wrapping service, daily delivery, etc). Opportunities include developing internet website and increase advertising. Name is well known in area, and location can't be beat. SALE INCLUDES OVER $125,000 in INVENTORY.

About the Sale

Asking price: $180,000 (USD)

Financing: $125,000 down and 55000 @ 8% for 60 months

Total Revenues: $565,800 (USD)

Cash Flow: $10,400 (USD)

Reason Selling: retire

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.