Card Gift Shop-18201

Nassau County, NY

Card Gift Shop-18201

Asking Price:$125,000

Cash Flow:$103,436

Gross Revenue:$277,136

EBITDA:N/A

FF&E:$25,000

Inventory:$75,000

Established:1975

Card Gift Shop-18201

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Business Description

Established in the community for 40 years, this is an incredible card and gift store on a major street in Nassau County. The stores sells all typical card and gift items, including Lotto, cigarettes, newspapers, magazines, soda, money orders, and money grams. In addition to the owner%u2019s discretionary cash flow, he also receives about $40,000 per year in commissions for Lotto Sales, as well as revenue from Western Union, Money Orders, & an ATM machine. This is an extremely spacious store, with 2300 square feet of retail space. There are excellent expansion possibilities, such as adding a pharmacy. All inventories are included, except cigarettes and phone cards. $45,000 in improvements and additions. This is an excellent opportunity that will not last. Call today for an appointment.

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Detailed Information

Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
100,000.00 Down & 7% over 3 years
Support & Training:
Seller is willing to train new owner.
Reason for Selling:
other interests

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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