Description
Established in 1981, The Classic Duck has years of profitability in two separate locations. This beautifully curated gift store focuses on women accessories such as jewelry, scarves, and hats as well as home & garden decor, personal care products & gift items. Visiting this store during fall and winter season has become a welcomed tradition for many households due to their amazing display of Holiday gifts & accessories. Evidenced of its popularity, this gift store has a 3 yr average of $1.8M in annual gross sales with 2020 showing an impressive SDE $147K & $1.1M in gross sales in the unusual year! Growth may occur with the development of online sales. Owner works approx. 30 hours a week in peak Holiday season & 20 hours a week for the rest of the year. Inventory is valued at approx. $400k and not included in the purchase price. Buyer will be required to negotiate a new lease with base rent. Shopping Center has plenty of onsite parking. Seller Financing is available to qualified buyer
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School Ratings & Info
Description
Established in 1981, The Classic Duck has years of profitability in two separate locations. This beautifully curated gift store focuses on women accessories such as jewelry, scarves, and hats as well as home & garden decor, personal care products & gift items. Visiting this store during fall and winter season has become a welcomed tradition for many households due to their amazing display of Holiday gifts & accessories. Evidenced of its popularity, this gift store has a 3 yr average of $1.8M in annual gross sales with 2020 showing an impressive SDE $147K & $1.1M in gross sales in the unusual year! Growth may occur with the development of online sales. Owner works approx. 30 hours a week in peak Holiday season & 20 hours a week for the rest of the year. Inventory is valued at approx. $400k and not included in the purchase price. Buyer will be required to negotiate a new lease with base rent. Shopping Center has plenty of onsite parking. Seller Financing is available to qualified buyer
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