Great Card And Gift Shop Opportunity
Location New York,United States
Asking Price Range < $250K
Gross Revenues $380000
Net Profit / Cash Flow $90000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 1 - 3
Inventory 35000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training As needed.
Reason for Sale Relocate.
Description 50% Card and Gift extremely busy Store for sale. A cute,well stocked money maker. Nice selection of gifts Lenox, Precious moments, Webkinz, 50% off cards $ Seasonal Cards. Store has experienced increased sales in the last couple of years. Definitely one of the better known, well-recognized store in the area. Well established and loyal customer base. Lotto Pays the rent. Profit from Lotto are over $48,000 plus ATM $3,000(y) and Fax charges $ 10,800(y) and growing! Centered in a large shopping center with major tenants on the most heavily traveled road in town. Hours:9-8 Sun 9-5 Owner and wife's monthly salary of $3,700 is included with net cash flow. Two part-time employees(one per day) 4 hours each day and one full-time. Rent includes Garbage and Common charges.
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