Fantastic Card & Gift Store (Over $1.7mil LOTTO) - 10966 Business Type: illness forces sale!,general merchandise store,card shop/stationery store
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $195,000 | Down Payment | $165,000 |
| Gross Revenues | $153,772 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $110,904 | Number of FT Employees | Register Free to View |
Financing
$165,000 Down and $30K over 3 years @ 8%
Business Description
Fantastic newly renovated card store on high traffic roadway in northern Suffolk County. Lotto sales alone were over $1.5 million in 2007. Lotto is expected to hit 2 million this year. Store sales were $166,000 in 2007 with a net of approx. $110,000. Excellent rent of only $2,844 per month with a 17 year lease. There is additional income from Western Union, Fax, and ATM. Future prospects for this business are excellent as there is a new office building to be built in next lot. This will only increase sales. This is a store that is well known in the community and you can walk in and take over with no work needed. It is completely turn-key. Owners are only selling due to a serious illness in the family. We are asking for serious buyers only. The store is ideal for an owner/operator of family. Sellers are serious and motivated. Call today to learn more. This store will go fast.
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.
Featured Listing Listing 37590
- Asking Price
$225,000 - Cash Flow
$96,000 - Down Payment
$225,000
Featured Listing Listing 37597
- Asking Price
$450,000 - Cash Flow
$150,000 - Down Payment
$450,000
- Asking Price: $750,000
- Cash Flow: $310,500
- Down Payment: $750,000
- Asking Price: $60,000
- Cash Flow: $51,708
- Down Payment: $60,000
- Asking Price: $299,000
- Cash Flow: $180,000
- Down Payment: $199,000
- Asking Price: $255,000
- Cash Flow: $71,000
- Down Payment: $200,000
- Asking Price: $350,000
- Cash Flow: $140,000
- Down Payment: $250,000
- Asking Price: $125,000
- Cash Flow: $100,000
- Down Payment: $125,000
- Asking Price: $410,000
- Cash Flow: $194,000
- Down Payment: $250,000
- Asking Price: $250,000
- Cash Flow: $75,000
- Down Payment: $250,000
- Asking Price: $250,000
- Cash Flow: $89,500
- Down Payment: $250,000
- Asking Price: $150,000
- Cash Flow: $87,000
- Down Payment: $150,000
- Asking Price: $499,000
- Cash Flow: $300,000
- Down Payment: $250,000
- Asking Price: $1,250,000
- Cash Flow: $500,000
- Down Payment: $800,000
- Absentee business
- Accounting/payroll/tax
- Adult homecare assisted living
- Advertising/ printing
- Agents/brokers
- Agricultural supplies
- Amusement parks/arcades/recreation
- Apparel and accessory store
- Art galleries
- Art/mirror/framing retail
- Assets only sale
- Auto body/collision repair
- Auto repair
- Auto/truck mechanical repair
- Automotive dealers/ auto retail
- Aviation
