Internet Store and Tucson Brick and Mortar Gift Shop

Everyday, without fail, there are orders to be processed from the eCommerce stores on Amazon and eBay as part of this retail operation. All the internet inventory is located at the back of the store so each day, the orders get printed, and items wrapped, double checked for accuracy and shipped to customers all over the world. The eCommerce stores maintains "excellent" ratings from hosts. The "front" of the store are gifts, knick-knacks including gems, silver jewelry, the cutest stuffed javelinas, local honey, and Mexican pottery for visiting tourists and locals. The owner moved from prior large store on 4th after nearly 30 years to the present location because of the great visibility in a unique and destination retail neighborhood. The dual purpose store (retail and eCommerce) is running smoothly and ready for some new imagination and energy as the nearby customer base is about to explode with the student housing complex scheduled to open for the Fall semester.
Cash flow recasts new owner working full-time and employee going part-time. Current owner works part-time and has cash flow of about $47,000.

Please refer to listing ID: 18-3422

Industry:  Internet Related
Geography:  United States > Arizona > Tucson
Asking Price:  $120,000
Gross Revenue:  $158,000
Cash Flow:  $55,500
Value of Inventory:  $65,000 (Included in Asking Price)
Value of Equipment:  $7,000 (Included in Asking Price)
Year Established:  2018
Number of Employees:  1FT, owner PT
Relocatable:  Yes
Mgmt. Training/Support:  Owner will orient, train and mentor buyer to insure a smooth transition, terms negotiable. Long-term employee has agreed to stay on for reasonable period to help train and support new owner as they get up to speed.
Reason For Selling:  Retirement
Facilities:  Full retail turnkey operation for both the brick and mortar retail store and the Internet eCommerce operation, both housed in the compact retail location just east of downtown in the Lost Barrios area. Internet stores on Amazon and Ebay doing over a $100k. Front retail doing 50k. Retail store Point of Sale system allows consignees and ready for more. The 2 containers in back of the store (holding inventory) are not included in price, and available for $2500 each
Market Outlook/Competition:  Located in an destination neighborhood, the only gift shop amongst other hip and specialized retail stores that draw both tourists and locals. Large student housing project opening near by in Fall of '19 will flood the street with new customers.
Name:  Bill Swan
Email:  tbi@tucsonbusiness.com
Phone:  520-750-1764

 

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