Turnkey Gift & Specialty Store for Sale in Nassau County, NY - 37856 Business Type: general merchandise store,misc. retail/non-classifiable,non-classifiable establishments,other business services,other personal services,gift and specialty retail

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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $175,000 | Down Payment | $175,000 |
| Gross Revenues | $225,000 | Lease Remaining | Register Free to View |
| Ownerโs Cash Flow | $85,000 | Number of FT Employees | Register Free to View |
Financing
$175,000 Down and
Business Description
๐ช Turnkey Gift & Specialty Store – 84 Years Established | Low Overhead | Major Growth Potential | Inventory Included | 3500 Sq Ft Store
Rare opportunity to own a well-established gift and specialty store with 84 years of history and a strong reputation in the local community. This long-standing business is well known by generations of customers and offers an incoming owner a proven foundation with significant room for growth.
๐ฐ Gross Sales: $225,000
๐ Cash Flow: $85,000
๐๏ธ Lottery Sales: $365,000
๐ Rent: Only $2,200/month
๐ฆ Inventory: Included in the sale
๐ 84 Years in Business
The store holds a lottery license and cigarette license, providing multiple established revenue streams. It also serves as a UPS Access Point, bringing additional customer traffic into the store.
Located in a very nice area with a strong community presence, this business has built a loyal customer base and a reputation that would be difficult for a new competitor to replicate.
Another valuable feature is an agreement with the neighboring shop restricting the sale of certain products, providing an added layer of protection for the business's product offering.
๐ Significant Growth Opportunity
The current owner has maintained the business successfully, but a new owner could take it to the next level. The store can be operated as-is, or the buyer could expand the services and product mix by adding options such as:
• Money transfer services
• Expanded convenience-store products
• Additional specialty and gift items
• Other complementary services that increase customer traffic and revenue
The $2,200 monthly rent gives a new owner an attractive cost structure, while the store's long history and established customer base provide a strong platform for future growth.
Owner is selling because she is moving out of state. This is an excellent opportunity for an owner-operator looking for an established business with low overhead, multiple revenue streams, and the ability to add new services.
๐ฅ 84 years of history low rent lottery business included inventory expansion potential = a rare opportunity for the right buyer.
Serious buyers are encouraged to inquire for additional details and to schedule a confidential showing. For more info, contact the broker, Froilan Ong, at 917-291-2661
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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.
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