Rare Magic Shop Established for Over 50 Years
Asking Price: | $1,144,000 |
Gross Revenue: | $634,850 |
FF&E: | $35,000 |
Established Year: | 1966 |
Cash Flow: | $108,000 |
Inventory: | $345,000 |
Real Estate: | $799,000 |
Experience the rare and exciting opportunity to own a dream business: a Magic Shop! Located in a vibrant, newly redeveloped downtown area within a bustling beach community that attracts over ten million visitors annually and is home to more than five hundred thousand permanent residents, this niche business is perfectly positioned for success. It operates out of a retail location and is set up for e-commerce.
The Magic Shop offers a wide variety of magical products, including card magic, comedy magic, juggling, clown supplies, coins, jokes, fire magic, escapes, flower magic, Christmas magic, books, close-up magic, ring magic, music for clowns and magicians, and much more. In addition to its extensive inventory, the shop has a workshop that is capable of producing custom magic items. Established for over 60 years, the business enjoys a loyal and satisfied customer base that keeps coming back. The current owner takes pride in the fun, easy-going work environment and the happiness of their customers.
Recent policy and procedure improvements have made the business more efficient, reducing the need for additional labor. While the online presence has grown, there is still significant potential for a new owner to expand the retail and e-commerce side, particularly through SEO, growing the drop-ship model, and expansion into online retailers such as Amazon.
This incredible business is truly a hidden gem waiting to be discovered!
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