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Business for Sale Summary

Great Card & Gift - Westchester County NY - 30609

Business Type: misc. retail/non-classifiable,best deals!,new to market,seller financing available,card shop/stationery store
Owner Financing
Great Card & Gift - Westchester County NY
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Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $85,000
Gross Revenues $329,000 Lease Remaining Register Free to View
Owner’s Cash Flow $80,000 Number of FT Employees Register Free to View

Financing

$85,000 Down and $40K over 1 yr. @ 6%

Business Description

Great card and gift store for sale in a small strip mall. This is a great town with a very dense population. The strip has its own dedicated parking lot for 20 cars, and is surrounded by residential homes and apartments. Lotto sales, alone, were $900K last year. They specialize in collectible gift items, greeting cards, soda and candy. The sale price includes approx. $35k in current inventory. The owner is only selling due to some other opportunities he has available. The store is 825 sq. ft. (no basement). A new 10-year lease is available to a qualified buyer at a rent of $3,350/month (including taxes and maintenance fees). In addition to lotto profit of approx. $54,000.00, the store had gross sales of approximately $329,000.00 in the past year, with a total annual net income of approximately $80,000.00 for an owner/operator. 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. We are seeking a serious and financially-qualified buyer with at least $90K in liquid funds to cover the downpayment and rent security. To learn more, please call the broker Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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.