Profitable Souvenir and Gift Shop For Sale

Business description

Desirable opportunity to purchase the leasehold of a very profitable small business combining excellent working hours, great profitability and possibly the best location on the South West.

Selling all manner of tourists goods, this shop is within one of the best and busiest hotels on the island. With a prime position and approxiamately 15m2 of window display opposite the main elevators. Upwards of 950 individual clients have to pass by several times in a single day. It comes complete with telephone, glass display cabinets, all shelving and electronic till plus stock.

Presently open from 9am – 1pm and 5pm – 9pm five days per week all year round. It offers all manner of goods, such as postcards (with IFCC postal agency), toiletries, toys, beach wear and accessories, handbags, gifts and souvenirs to name just a few. Almost all have an enviable mark up of 100%. Also offering an even more profitable service, providing push-chairs, kettles, hair-dryers, irons,wheel-chairs, CD players, fans, etc. making this a high profitability prospect with unbelievably low overheads.

Coming under the wing of the 4 star Hotel has many advantages such as free rubbish collection service, electricity, heating and air-conditioning, but furthermore there are no water or maintenance charges for toilets or kitchens. Another added bonus includes use of all the hotel’s leisure amenities and half price meals.

Reported net profit last year was 25,000€. The high profitability and low running costs offer a rapid return of capital outlay with an eviable and easy lifestyle.

Property information

Real Estate:

Lease

Lease terms:

5 Years Renewable

Other information

Reasons for selling:

Owner would like to expand and dedicate time to his other business.

Trading hours:

9am to 1pm and 5pm to 9pm