Hallmark Greeting Cards & Gift Store For Sale

Description

This profitable and attractive Hallmark Gold Crown store is located in a beautiful shopping center with an anchor store. The owner is selling to retire. The business is absentee owner operated and completely run by employees. The new owner will have the option of hiring the full time manger and other employees or replace manager to increase net income. This store has a loyal customer base and no franchise fees. Business includes professional support from Hallmark. The sale price includes an inventory of $125,000 and Furniture, Fixture and Equipment (FF&E) worth $40,000. Financials will be provided to qualified buyers. Business is located in 4,100 sq ft space.

This Hallmark Gold Crown store uses a Hallmark proprietary POS & Inventory management system. This makes inventory management easy for the employees. The new owner may add services like bill pay, money orders, copy center, mailing center etc. to increase sales and attract more customers. Business is ideally located in proximity to Ontario Airport and Ontario Mills mall. An owner/operator will be able to increase sales and profits. This is a great time to buy because the busy holiday season is approaching which will help to bring more customers and retain customers with various promotions.

Seller will provide 20 hours of training per week for 8 weeks. The buyer may also take optional training from Hallmark.

Included in asking price

Furniture / Fixtures and Inventory / Stoc included

Sales Revenue

420000

Net Profit

50000

Years Established

Employees

Trading Hours

M-Sat 9-6; Sun 10-6

Support/Training

Seller will train for 8 weeks at 20 hours per week

Reasons for Selling

Retirement

Furniture/Fixtures Value

$40,000 (included in the asking price)

Inventory/Stock Value

$125,000 (included in the asking price)

Tenure

Leasehold

Lease Terms

4,100 sq ft at $9,200/month including CAM

demogan