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Business for Sale Summary

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

Business Type: retailing businesses,card shop/stationery store,misc. retail/non-classifiable,special situations,best deals!,new to market
6 Day Card & Gift w Rent Under $1,500
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Financial Information (non-confidential)

General Information
Asking Price $85,000 Down Payment $85,000
Gross Revenues $66,019 Lease Remaining Register Free to View
Owner’s Cash Flow $50,089 Number of FT Employees Register Free to View


$85,000 Down and None.

Business Description

50% Card & Gift Store for sale in a 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 or email Mel Vaz today to learn more at 631-909-1095 or melvaz@vestedbb.com.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.