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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Card & Gift Store Includes $75k Inventory

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $190000
Net Profit / Cash Flow  $87586
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2009
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train
Reason for Sale  Personal
Description  Great Card & Gift Store for sale in busy shopping center with 100% occupancy and major anchor tenant. LOTTO sales alone were over $330,000.00 in 2012 with a commission of $20,000 (6%). This is a store packed with inventory. In fact, the sale price INCLUDES $75K in retail value of inventory! They specialize in gift items as well as greeting cards. The current owner has been here for over 18 years and is selling due to a baby on the way. The store is approx. 1,200 sq. ft. with a RENT OF ONLY $2,500/MTH. There are 10 years remaining on the lease with a reasonable landlord. In addition to LOTTO profit the store had Gross Sales of approximately $190,000.00 in 2012, with a Net Income of approximately $87,586.00 (includes LOTTO Commissions, Bill Pay, etc.). There is an opportunity to expand the selection. This is great opportunity for a hands-on owner. Call or email Mel Vaz today to learn more at 631-909-1095.
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