Tupelo Data Room
Other Retail
Active

Historic Alaska Gift, Jewelry & Art Retailer | Prime Downtown Location

Alaska, United States
listing image
Asking Price$2,250,000
Revenue$1,593,227
EBITDA$512,287
Cash Flow-
Description
Exceptional opportunity to acquire a highly established Alaska tourism retail business with downtown location in a premier cruise-port destination. This well-known gift, jewelry, souvenir, apparel, and Alaskan art retailer has operated for more than a century and has been owned by the current family operators for over 40 years. The owners are preparing for retirement and are seeking a buyer who can continue the legacy while modernizing and expanding the platform. The business is located in the heart of historic downtown location, within walking distance of major visitor attractions, the small boat harbor, and cruise passenger traffic. The operation occupies a large 12,000+ square-foot retail building with multiple departments, including authentic Alaskan art and carvings, jewelry, gifts, apparel, books, souvenirs, and locally sourced handcrafted merchandise. Product offerings range from affordable keepsakes to higher-value original artwork, creating broad appeal across tourists, cruise passengers, RV travelers, and local customers. Financial performance has been strong and consistent despite the business being operated primarily during the May-to-September tourism season. Revenue was approximately $1.59 million in 2025, with adjusted EBITDA of approximately $512,000. Gross margins have remained attractive, and the business has historically generated meaningful cash flow with minimal advertising spend and no current e-commerce platform. A buyer may have opportunities to increase revenue through online sales, digital marketing, extended seasonal or year-round operations, phone orders, improved exterior presentation, and better monetization of the residence and adjacent parcel. The business benefits from long-standing supplier and artist relationships, a broad merchandise mix, low customer concentration, and limited key-employee dependency. Current owners manage purchasing, inventory, staffing, maintenance, and registers, supported by a small seasonal staff. A buyer will receive a proven retail platform, established vendor introductions, included base inventory, and a transition period from the sellers.
Furniture Fixtures & Equipment
$92k
Inventory
$500kIncluded in Asking Price
Number of EmployeesPart-Time: 6
Year Established
1908
Reason Selling
Retirement
Facilities & Assets
Prime Downtown Location
Support & Training
Yes, willing to stay up to a year.
Growth Opportunities
This is a rare chance to acquire a profitable, established Alaska destination retailer with downtown location in a high-traffic tourism market. The new cruise terminal is expected to enhance day-in-port visitation and downtown foot traffic, creating a compelling tailwind for a motivated new owner. Ideal buyers include experienced retailers, tourism operators, family office investors, real estate-oriented buyers, or owner-operators seeking a lifestyle business with strong cash flow and prime downtown location. Because the operation relies on walk-in traffic and legacy reputation, there is meaningful upside for a buyer with retail merchandising, online marketing, tourism partnerships, and hospitality experience. The combination of history, location, and owner transition support makes this opportunity differentiated in Alaska's visitor market.
Financing Options
Seller financing is available.
Related Categories
other retail business for Sale
Business for Sale in Alaska
Asking Price$2,250,000