Great Opportunity Card And Gift Store
Location New York,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
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 Other business interests.
Description A great opportunity at a bargain price for those who want to buy a Cards & Gifts Shop for sale, in a crowded shopping mall. Located in an affluent neighborhood on Long Island. The owner has been in this business for 14 years, but, due to several other business engagements, does not want the landlord to renew/extend the lease. The owner just wants to sell the merchandise for $150,000 in cash, whereas the actual value of the merchandise is over $300,000. The store has lotto, which earns close to one million a year in gross sales. A new owner may approach the landlord, and may get a new lease under their name (the owner will not be involved in that). The size of the store is 3000 sq. ft. The owner is not asking for any key money, except the price of the merchandise. Don't pass up this great opportunity! SUBJECT TO LANDLORD APPROVAL, NO KEY MONEY, INVENTORY ONLY.
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