Gift Shop Business Plan Template [Updated 2024]

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II. Company Overview


You can download our Business Plan Template (including a full, customizable financial model) to your computer here.

Who is [Company Name]?

[Company Name] is a souvenir gift shop located in the heart of [Location]. We have an enormous selection of souvenirs, gifts, and other items to help customers commemorate their visit to [Location]. All of our inventory will have images, graphics, artwork, and designs that show the energy and spirit of the [Location] community. Tourists will get the full [Location] experience by purchasing our products.

Customers who come into our store will be greeted by friendly staff and an enormous selection of gifts and souvenirs. We will sell hundreds of items that will include mugs, shot glasses, t-shirts, magnets, keychains, and more. All merchandise will be reasonably priced to stay competitive in the market.

Our store will be located in a prime location in the heart of downtown near several tourist attractions. Tourists will easily find our store while walking around downtown and checking out the sites. Any tourists who can’t come to our store in person can shop our inventory on our website. Customers can enjoy free shipping anywhere in the contiguous United States when they purchase at least $25 worth of products.

[Company Name]’s History

[Founder’s Name] incorporated [Company Name] as an S-Corporation on [Date of Incorporation].

[Company Name] is currently being operated out of [Founder’s Name] home. [Founder’s Name] has identified a prime retail location for the shop and has begun lease discussions with the landlord and management company. All operations will move to the retail location once the lease is finalized.

Since incorporation, the company has achieved the following milestones:

  • Found a store location and signed a Letter of Intent to lease it
  • Developed the company’s name, logo, and website at [website]
  • Determined equipment and inventory requirements
  • Began recruiting key employees

[Company Name]’s Products/Services

[Company Name] will offer an assortment of souvenirs and gift items that will commemorate our customers’ trip to [Location]. These will include the following:

  • Mugs
  • T-shirts
  • Postcards
  • Magnets
  • Keychains
  • Flags
  • Shot glasses
  • Books about [Location]
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