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Business for Sale Summary

Card & Gift Shop in New York County, NY - 29162

Business Type: best deals!,must sell/drastic price reduction!,new to market,card shop/stationery store
Card & Gift Shop in New York County, NY
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Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $99,000
Gross Revenues $208,079 Lease Remaining Register Free to View
Owner’s Cash Flow $80,400 Number of FT Employees Register Free to View



Business Description

Great card and gift store for sale in a very busy shopping center. THE ASKING PRICE INCLUDES ALL INVENTORY EXCEPT FOR LOTTO AND CIGARETTES. This is a huge shopping center, with 100% occupancy and three anchor stores, including a major supermarket and pharmacy. The parking lot is enormous. Lotto sales, alone, were over $1mil. This is the cleanest and most organized card and gift store we represent. They specialize in high-end collectible gift items, as well as 50% greeting cards. There is no other direct competition to this store within a two-mile radius. The current owner is only selling due to some other opportunities he has available. The store is over 2,200 sq. ft., including a storage area in the back of the store. A new 10-year lease is available for a qualified buyer. In addition to lotto profit of approx. $60,000.00, the store had gross sales of approximately $225,000.00 in the past year, with a net Income of approximately $80,400.00 for an owner/operator. This includes lotto commissions, ATM, bill pay, T-Mobile, etc. An owner/operator can save $25 - $30K in payroll. There is an opportunity to expand the selection in the store, as well. You will not find a better card and gift store on the market in a better location. Call the broker today at 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

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.