Established Gift Shop For Sale

Glendale, CA
listing image
Asking Price:$79,999
Gross Revenue:$240,000
Rent:$4,000/Month
Cash Flow:$60,000
Inventory:$45,000
Established Year:1988
BUSINESS DESCRIPTION

This is a rare opportunity to purchase this Established Gift Shop that has been serving the Glendale And Burbank Area Since 1988. Royal Gifts has been a cornerstone in the area for many generations and has been known for its unique merchandise and excellent customer service. Located on Busy Glenoaks Blvd this opportunity will not last!!


DETAILED INFORMATION
Location
Glendale, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
760
Lease Expiration
01/05/2027
Employees
1
Facilities
Inventory of $45,000 is not included in the sale of the business. There is a bonus storage unit that is included in the sale of the business at no cost. Contact Armen at 818-624-6045 for more information do not disturb Seller or go Direct.
Competition
Only a handful of Gift Shops on Glenaoks Blvd.
Growth & Expansion
Adding a website, selling items online, and adding Brand Name merchandise.
Support & Training
Owners will train new Buyer for 2 weeks at no cost.
Reason for Selling
Reelocation

BUSINESS LOCATION
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Armen Mardusian
Armen Mardusian