L1296 Retail (Gifts & Engraving)

This beautiful gift shop is located in an idyllic Orange County seaside community, where a blend of locals and tourists stroll along the street shopping at the many unique shops, or stopping to eat at one of the many restaurants. Situated on one of the “best blocks” on the street, this shop gets plenty of foot traffic from the nearby beach and restaurants. It is the only local shop with a great product mix of stationery, invitations, picture frames, jewelry, home fragrances, tabletop accessories, as well as silver and crystal items that can be engraved right in the store!  Established in 1994, the store has consistently provided excellent customer service and carried exclusive, high-end brands.  As a result, the store has a very loyal, and affluent clientele.  The business has a strong cash flow from the high profit margins and low rent.  It also could be absentee-run, as it is easily run and managed by one employee. The owner has identified opportunities to grow the business, such as offering more engraving and adding embroidery for bed and bath items.  Approximately $30,000 in inventory is not included in the sales price, but is available at an additional cost. The owner is selling the store so that he can move out of state.