Business Overview
This listing is for a gift boutique, Hallmark Card Shop, Merle Norman Cosmetic Studio located in central Illinois that is available to a qualified buyer. This turn-key business features the previously mentioned businesses along with included real estate (with income generating apartments and commercial space) all under a single entity. This is an atypical Hallmark store. The uniqueness of the business has generated a large customer base and a stellar reputation bringing customers traveling from hours away. This is a go-to shopping destination (especially during the holidays) with a vast inventory that includes: Laser Printed Customized Gifts, Vera Bradley, Clothing, Home Dcor, Greeting Cards, Handbags, Children?s Gifts, Stationary, Hallmark Keepsake Ornaments, Merle Norman Cosmetics and much more. The business is located in a historic downtown district in a building that?s a staple of the local community. The current, hands-on owners have kept the historic integrity of the property including the dynamic tin ceiling and the original hardwood doors. There is fantastic growth potential as well. The Merle Norman brand started over 90 years ago with the current owner mainly doing counter sales. Adding makeovers and steam facials would bring even more traffic to an already popular location. Also, as the largest gift store in town, the potential to grow new brands/trends has already proven successful at this location. They have a strong presence on social media and adding online sales could really boost their revenues due to the fact that so many of their customers travel long distances just to shop there. The Hallmark brand itself is known nationwide and is highly valuable in terms of advertising and name recognition. Over $400,000 in asset value is to be transferred with the sale of the business. This includes their historic real estate which is included in the asking price and is valued at $195,000. The real estate features three apartments and a commercial space that generates $25,000 in yearly income. If you would like more information about this profitable business opportunity, or you would like to schedule a site visit, please contact the agent either online or by phone. Online inquiries will be replied to with an email from an @marvingroupllc.com address with an NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from us within 24 hours (weekdays), please contact us by phone.
Listing Details
Category
Detail
N/A
County
N/A
State
Illinois
Country
USA
Area
Eastern Midwest (OH, IN, KY, MI, IL)
Relocatable
Home Based
Franchise
Lender Pre-Qualified
A/R
N/A
Inventory
$220,000
FF&E
$24,000
Leasehold
N/A
Vehicles
N/A
Real Estate
$195,000
Other Assets
N/A
Total Assets
N/A
Included
N/A
Current Liabilities
N/A