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YEAR TO DATE SALES ARE ABOUT 40% AHEAD OF THE SAME PERIOD FOR 2011.
Fully Stocked, turn-key operation; This purchase includes two, well established, low rent, hotel gift shops that sell Utah souvenirs, sweatshirts, t-shirts, jackets, purses, jewelry, toys, games, beverages, snacks, and more to hotel guests and the local community.
These are National Hotels. One is located in downtown Salt Lake with 390 rooms, and caters to tourists. The other is near the SL International Airport with 300 rooms, and holds many conferences.
They have responsible employees and each store has a Point of Sale (POS) System that tracks Sales, inventory, and provides suggested re-order reports.
The purchase price includes $120,000 of inventory at cost, with a retail value of $356,268.
The profit of $38,904 is for the current owner who only works about 10 hours per week. A full time owner could make $50,000 - $60,000.
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