Financing: $500,000.00 Down and
Reason for Selling:personal
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.
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