Occasions Just Write

Undisclosed Address, Wilmington, NC 28401
Business Opportunity for Sale
Catylist Listing ID: 30564882
Property Subtypes: Retail Stores
Building Size (RSF): 1,180 SF
Sale Price: $49,000
Name of Establishment: Occasions Just Write
Year Business Established: 2000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Sale of 20 year old thriving business, property leased.
Last Updated: 10/21/2020

Overview / Comments

Wonderful opportunity to own one of Downtown Wilmington's great street level retail shops .......Occasions Just Write..... Located in the highly trafficked Cotton Exchange shops. Occasions Just Write has provided Wilmington with unique greeting cards, custom invitations and writing instruments for over twenty years.Located in one of Historic Wilmington's beautifully restored properties.....The Cotton Exchange is home to over 20 unique shops and restaurants. The shop is located in one of the few street level retail units.

Additional Details

Industry Segment: Other Retail Stores
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: $2,550/month
Mgmt/Training Support Description: Owner is willing to work through a transition period.
Competition/Market Description: The Cotton Exchange has very strict non clauses within their leases. Thus, there is no competition within the project itself. To date their is no similar business in the entire Downtown Historic District.
Growth/Expansion Opportunities: The Historic Wilmington Downtown area continues to experience outstanding growth in popularity, both with tourism and local residents. Just across the river from downtown is Brunswick county, one of the nations fastest growing counties comprised of numerous early retirees that are passionate about the downtown market.

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