Gift Shop Tea Room For Sale

Business description

Since opening in 1981, this business has been very successful. In 2007 it was hit with a “perfect storm” of the economy, energy prices and a local major business closing. That business has re-opened and economic conditions have improved, so this 6000 sq. ft. tea room/gift shop is rebounding strongly. The tearoom has a full menu, home made desserts and is a meeting place for many scheduled parties and special occasion celebrations. The gift shop has many theme rooms for home, jewelry, children, and kitchen, etc. There is a wonderful partially furnished apartment above the store an owner could live in.

Property information

Real Estate:

Real Property Included

Other information

Expansion potential:

With the reopening of Hotel and the completion of the Bike Trail, the stabilization of energy costs and the reduction of expenses, visitors and business are on the way up. More promotion to attract bridal showers, birthday parties, family events, etc. has been very helpful. The online retailing should continue to be expanded and there is a new, still in the package, mat cutter to start picture framing. Experience has given the sellers several ideas to share with a new owner to expedite profitability. There is also a wonderful, partially furnished apartment above the store.

Reasons for selling:

Retirement in Texas

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Recognizing the business is on the road to recovery, the sellers will help finance. To what extent depends on the need and financial strength of the buyer.

Inventory / Stock value:

$260,000 (included in the asking price)