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Business for Sale Summary

Cards and Gift Store in Richmond County,NY - 30437

Business Type: retailing businesses,card shop/stationery store,convenience store,special situations,new to market,gift and specialty retail
Cards and Gift Store in Richmond County,NY
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Financial Information (non-confidential)

General Information
Asking Price $500,000 Down Payment $500,000
Gross Revenues $740,500 Lease Remaining Register Free to View
Owner’s Cash Flow $157,030 Number of FT Employees Register Free to View

Financing

$500,000 Down and

Business Description

This 20 years old cards & gifts business is located in an extremely busy shopping mall in Staten Island. The mall has several nationally- known franchises which enable this business to maintain a huge influx of shoppers throughout the business hours. the business makes $120,000 in lotto commission a year. The store does $600,000 a year in gross sales. Seller owns it for 7 years, but due to his family situation, he wants to move to another state. So, he has decided to sell the business. The size of the store is 2400 sq.ft. the business is at an excellent location, with a huge commercial surrounding. Seller's net cash flow, after paying off all the expenses, is over $150,000 a year. A great opportunity for a first time business buyer. Call Syed at 1-877-735-5224 for more 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.

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.