Multi Location, Covid-Proof Opportunity Twin Cities 

Listing Details:

• Business Category:           Cards / Gifts / Books
• Price:                                          $680,000
• Gross Revenue:                   $1,140,173
• SDE:                                              $247,269
• Seller Financing:                  $600,000
• Location:                                   Southern Twin Cities
• Employees:                              9                        
• Support & Training:           2 weeks 
• Reason for Selling:             Starting a Family
• Inventory:                                $12,000           
• FF&E:                                            $121,331 Estimated FMV
• Non Compete:                       5 Miles for 5 years
                                  

Business Description:

Here’s a chance to acquire a business with national household name recognition. Easy ordering and a product that consistently brings happiness to the receiver keep customers returning for future gifting ideas. Wouldn’t it be satisfying to help people celebrate all kinds of occasions in the local community with an experiential product?

Sales remained consistent in 2020 and profits improved, even with a 6 week Covid shut-down. In store or online ordering and in store, curbside pickup, or contactless delivery options have been a proven recipe for Covid resiliency.

History:

Revenues have been consistent since the stores inceptions of 2005 and 2011.

Competition:

Having physical, visible, local stores where customers see everything being prepared fresh every day is an advantage over on-line warehouse competitors. They are continually adding new products and combinations for updated customer offerings. Same day delivery at similar price points makes gifting easy for customers.