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Jeffery Merry Contact This Broker
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Hallmark Gold Crown Card and Speicalty Shop

Georgia : General merchandise stores
Listing #1090236

This acquisition opportunity is a well-established Hallmark Gold Crown card and specialty gift store with an upscale twist. Founded in 1993, the company offers vast variety of signature greeting card, keepsake ornaments, and designer stationary as well as exclusive gifts for all occasions. The company is well established and well known throughout the community and the specialty gift industry. The company s recognized and renowned reputation is its best form of marketing. Marketing e-mails with special offers and incentives are sent out monthly to their extensive customer list by the parent company. The business provides a customer loyalty rewards program to 7,500 recipients per month. Non-Hallmark products represent over 60% of overall sales. All employees are part-time with no benefits, and the company does not rely on any key employee, staff member, or owner. Great opportunity for absentee ownership. The strip center is currently experiencing a fresh remodel with resurfaced parking lot, and a new up-market roof and painting. The shopping center has three national anchor tenants and is 98% occupied. The company is nestled in a premier shopping plaza with highly visible signage. The space is leased at $6,600 per month and consists of 3800 sq. ft. is sales floor space. An additional 1200 sq. ft. warehouse is located off premises at the rate of $1,200 per month. Office hours are 10 a.m. until 8 p.m. Monday through Saturday and Sunday 12 p.m. to 6 p.m.; hours are extended during the holiday season.

Asking Price:

$575,000

Gross Income:

$808,402

(last 12 months)
Cash Flow:

$75,000

(last 12 months)
Inventory Value:

$150,000

Year Established: 1993 Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 12
Real Estate Square Footage: 0

Contact Seller for Additional Information

If you are interested in finding out more information, please contact the seller.


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