Gift And Card Shop
Location New York,United States
Asking Price Range < $250K
Gross Revenues $244900
Net Profit / Cash Flow $59227
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Personal.
Description This cards and gifts business is located in a strip-mall, which is surrounded by a very busy commercial area, on Long Island. Only the commission in lotto covers rent, and the overhead expenses, and a part of the pay-roll. Christmas, Mother's Day, Father's Day, etc, draws a huge crowd, and creates an excellent cash flow to the business. An excellent opportunity for a couple to run this business jointly. Commission in lotto is $5200 a month. The business is located in a very decent, educated, and rich neighborhood. The seller's net, after paying all the expenses, is $5,000 to $55,00 a month.
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