Established Cards & Gifts Shop
Location New York,United States
Asking Price Range < $250K
Gross Revenues $270625
Net Profit / Cash Flow $86272
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1989
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Owner is relocating.
Description This twenty-year old cards and gifts shop for sale is located right on one of the major highways on Long Island. This business is also placed next to a nationally- known supermarket. The shoppers, from the surrounding areas, must go to the supermarket to buy their household groceries, and after this, this card store is there to play lotto and buy cards and gifts for them. This is an absentee owned business, so if a new owner is hands on, they will see an increase in the cash flow by 30%. The asking price also includes the value of the inventory, which is also worth $75,000. The net cash flow, after excluding all the expenses, is $85,000 a year. Don't pass up this great business opportunity!
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