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

Beautiful Card And Gift Store

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $550000
Net Profit / Cash Flow  $123889
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1949
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Owner is relocating.
Description  Beautiful Card & Gift Store for sale in Queens. LOTTO sales alone were over $800,000 (without Quick Pick). They offer high-end collectible gift items as well as greeting cards, cigarettes, phone cards, stationery and much more... The owner is also the landlord. For this 1,850 sq ft. store he is willing to offer a 15 year lease with only 2% rent increases and only one month's rent as security. This is a very large space with substantial room for growth. You could easily add money orders and Western Union. In fact, this store can be split to add a c-store with beer. It also has a full 1,850 sq. ft. basement. In 2008 the store had LOTTO commissions of $50,000, Gross Sales of approximately $550,000, and a Net Income of approximately $117,289 (with a full time owner/operator). You WILL NOT find a better card and gift store on the market. Email or call Mel Vaz today to learn more at 631-909-1095.
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