Souvenir Shop-Iconic Brand in Tourist Destination

Oklahoma
Asking Price: On Request
Business For Sale Details
Listed on Jul 12, 2023

Highly Profitable Multi-location Souvenir Shop with Iconic Local Branding in Popular Tourist Destination in Oklahoma

Prime property (main store) also available for sale separately

With a creative eye and a marketing background, these savvy entrepreneurs have created, built, and branded this highly profitable souvenir shop as the spirit of their town, not only selling great products but creating an unforgettable customer experience. This one-of-a-kind store is located in the heart of the town where prime commercial space has become scarce, and they have another similarly branded second location in an additional prime location in the local state park.

This business has enjoyed significant revenue growth over the past 3 years and with tourism continuing to increase drastically beginning in 2024, there is tremendous opportunity for continued revenue growth simply by increasing foot traffic, but also with new products and creative collaborations like their recent partnership with a local brewery to create a unique, store-branded craft beer sold in 14 retailers.

The owners have been laser-focused on growing their business and their brand for the past 8 years and are selling to focus on other areas of their lives, which is providing you with this unique opportunity to acquire more than a souvenir shop – this is a lifestyle brand that has become synonymous with the laid-back living lifestyle in this popular tourist destination.

Reasons to buy:
Nearly 70% revenue growth from $1.26M in 2020 to $2.1M 2022
Consistently 30-40% Adjusted EBITDA for the past 3 years
Highly profitable
Iconic and exclusive local brand
Extremely unique
2 unique storefronts in PRIME locations
Located in one of the top 5 growing tourist destination in the US
Tremendous opportunity for growth
Prime property (main store) also available for sale separately

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Financials (USD)

Asking Price Not Disclosed

Cash Flow $587,378

Sales Not Disclosed

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? No

Willing to co-broke? No

Principals only? No

Franchise? No

Management will stay? No

Relocatable? No

Real Estate? No

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

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