E-commerce Magic Shop Selling Online for Over 20 Years

Volusia County, FL
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Asking Price:$365,000
Gross Revenue:$634,850
FF&E:$35,000
Established Year:1966
Cash Flow:$222,533
Inventory:$345,000
Real Estate:$799,000
BUSINESS DESCRIPTION

Experience the rare and exciting opportunity to own a dream business: a Magic Shop! Located in a vibrant, newly redeveloped downtown area within a bustling beach community that attracts over ten million visitors annually and is home to more than five hundred thousand permanent residents, this niche business is perfectly positioned for success. Although currently operating out of a retail location, the business is set up for e-commerce and generates over 90% of its revenue online. As the buyer, you have multiple options: continue operating in the current retail location purchasing both the business and real estate, or relocate to a smaller, more affordable warehouse facility anywhere in the USA. The possibilities are endless, and success is within reach!
The Magic Shop offers a wide variety of magical products, including card magic, comedy magic, juggling, clown supplies, coins, jokes, fire magic, escapes, flower magic, Christmas magic, books, close-up magic, ring magic, music for clowns and magicians, and much more. In addition to its extensive inventory, the shop has a workshop that is capable of producing custom magic items. Established for over 60 years, the business enjoys a loyal and satisfied customer base that keeps coming back. The current owner takes pride in the fun, easy-going work environment and the happiness of their customers.
Recent policy and procedure improvements have made the business more efficient, reducing the need for additional labor. While the online presence has grown, there is still significant potential for a new owner to expand the e-commerce side, particularly through SEO, growing the drop-ship model, and expansion into online retailers such as Amazon.
This incredible business is truly a hidden gem waiting to be discovered!


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Owned
Building SF
4,075
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is currently run out of a retail space which is available for sale. With most of the sales currently coming from the business's robust online presence, the business may be better suited to be run from a small warehouse anywhere in the world.
Competition
This is a very niche business with few competitors.
Growth & Expansion
There is a tremendous opportunity to grow the online sales of this company.
Support & Training
The seller is dedicated to the successful transition to the new owner. He will make all necessary introductions to clients and vendors. At no charge, the current owner will work side by side with the new owner for the first 30 days and will remain available to answer any questions that may arise over the next year.
Reason for Selling
Retirement and Health Issues
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Tim
Kleman
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Tim Kleman