Absentee Owned Cards And Gift Shop
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $547500
Net Profit / Cash Flow $175130
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Owner is relocating.
Description This Cards & Gifts Shop for sale is nicely located in an extremely busy shopping mall on Long Island. The size of the store is 2,800 square feet. Its lotto draws $1.5 million a year in gross sale, and the store makes $1,500 a day in gross sale. It is an owner absentee business, and yet the owner earns $14,000 to $15,000 a month net cash flow(excluding all the expenses). The value of the merchandise in the store is $80,000, and the asking price is $350,000: the goodwill and the price of merchandise together. The business is twelve years old. If one wants a business with a decent cash flow, and a great location, with a flow of walk-in customers throughout the day, one must think about buying this business!
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