Desirable Gift Shop-Strong Income & Prime Location Since 2007

Santa Barbara, CA
sb
Asking Price:$499,000
Gross Revenue:$610,890
Rent:$4,750/Month
Cash Flow:$202,722
Inventory:$250,000
Established Year:2007
BUSINESS DESCRIPTION

This is an exceptional opportunity to acquire a well-established boutique stationery and gift shop in the heart of Santa Barbara. This charming, elegant store is a favorite with locals and tourists. It is known for its curated selection of high-quality stationery, pens, greeting cards, unique gifts, and exceptional customer service. The store also has a popular children’s section. 

With over 17 years in business, they have a strong, loyal customer base and community presence. This inviting store, combined with its specific lines and collections, attracts clients from Carpinteria to Santa Ynez who enjoy an enhanced shopping experience. Further, they offer a complete line of wholesale greeting cards (approximately 200 designs) with approximately 500 wholesale accounts nationwide. A new owner would acquire rights to the designs and the opportunity to produce art in marketable formats and greeting cards (stickers, tee shirts, tote bags, etc.).

There is an opportunity to grow this business by expanding the product lines, providing custom invitations, hosting in-store events, and increasing E-commerce sales and marketing. You don't want to miss out on this great opportunity!

Equipment included: all fixtures, shelving, display tables, Store shelving, iPad for point of sale, Square POS, 3 Apple computers, 3 desks with chairs, a Teak conference table and 4 chairs.

Competitively listed for $499,000.


DETAILED INFORMATION
Location
Santa Barbara, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,420
Lease Expiration
01/05/2028
Employees
5
Facilities
Lovely two-story building in a terrific location with 2,420 sq.ft. providing an open-air space with ample light. Including a large upstairs loft that is available for production, storage and or office space. The downstairs also features a substantial production and or storage area at the back that could be converted to retail if desired.
Competition
Increasing sales and income
Growth & Expansion
There is an opportunity to grow this business by expanding the product lines, providing custom invitations, hosting in-store events, and increasing E-commerce sales and marketing.
Support & Training
Owner will train.
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Teri
Craft
logo-img
Teri Craft