6 Day Card & Gift w Rent Under $1,500 - 24284

Suffolk County, NY

6 Day Card & Gift w Rent Under $1,500  - 24284

Asking Price:$85,000

Cash Flow:N/A

Gross Revenue:$66,019





6 Day Card & Gift w Rent Under $1,500 - 24284

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Business Description

50% Card & Gift Store for sale in beautiful shopping center. They are ONLY OPEN 6 DAYS (M-Sat. 8am-7pm, CLOSED Sun). There is a great lease with RENT OF ONLY $1,462/mth, 7 yrs. remaining, plus a 10 yr. option. LOTTO sales alone were over $640,000.00 last year. This is the cleanest and most organized card and gift store we represent. The sale price INCLUDES approx. $20,000.00 in current inventory (excluding LOTTO inventory). They specialize in high-end collectible gift items as well as 50% greeting cards. There is limited direct competition to this store within a 2 mile radius. The current owner has been here for 2 years and wishes to sell for more time with his family. The store is 1,000 sq. ft. including some storage. In addition to LOTTO profit of $38,000.00, the store had Gross Sales of approximately $66,019.00 last year, with a Net Income of approximately $50,000.00 (includes LOTTO Commissions, ATM, etc.). Call 1-877-735-5224.

Detailed Information

85,000.00 Down & None.
Support & Training:
Seller will train
Reason for Selling:
Business Website:

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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