PRICE DROP $1.4M Lotto Sales! Card And Gift Store

Suffolk County, NY

1.4 m in lotto sales yearly
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Asking Price: $89,000

Cash Flow: $100,000

Gross Revenue: $1,550,000

EBITDA: N/A

FF&E: $20,000

Inventory: $50,000*

Rent: $4,650 /Month

Established: 1979

*not included in asking price.

PRICE DROP $1.4M Lotto Sales! Card And Gift Store

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Business Description

WOW GREAT PRICE!!! LOTTO Sales of $1,400,000 Million as the math equals $85k net just in lotto sales. This store is located in a AAA busy shopping center fully rented. This is a 1,200 sq. ft. store that has 8 years remaining on the lease with a rent of $4,650/month.

They specialize in collectible gift items, stationery and 50% greeting cards which has been in business for 40 years.

In addition to LOTTO profit, the store has Monthly Gross Sales of approximately $9,000 to $10,000, with a Net Income of approximately $100k (includes LOTTO Commissions, ATM, Cigs., etc.).

Great opportunity to expand to other services and own a great business!!!! Owner is Moving Contact Ronnie at 888-869-6069, Ext 8

Detailed Information

Location:
Suffolk County, NY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
3/1/2027
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
AAA Location Major road and shopping center
Growth & Expansion:
Add more services- Cell Phone , Western Union Hours Mon-Sat 8:30-8:00pm Sun 8:30-5pm
Support & Training:
yes
Reason for Selling:
relocation
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(from currently available funds)
 
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Darlene Ragone

Business Listed By:
Darlene Ragone

Moxie Brokerage Group, Inc.

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