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

Card & Gift Store - Lotto Sales Of $1M

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $192000
Net Profit / Cash Flow  $75140
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1985
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train
Reason for Sale  Personal
Description  Great Card & Gift Store for sale in affluent N. Shore Suffolk County town. LOTTO sales alone were approx. $1 million in 2012. The current owners have been here for 25 years. The sale price INCLUDES approx. $90,000.00 in current inventory. They specialize in collectible gift items as well as FULL PRICE greeting cards (NOT 50% Cards). The shopping center has ample parking and foot traffic in warmer weather. The store is 1,000 sq. ft. including a full 1,000 sq. ft. basement. There are 15 years left on the lease with rent of ONLY $2,000/mth. In addition to the 2012 LOTTO profit of $58,500.00, the store had Gross Sales of approximately $202,000.00 in 2012, with a Net Income of approximately $75,000.00 (includes LOTTO Commissions). There is big upside with the store as they do not offer ATM, Bill Pay, T-Mobile, soda, coffee, ice cream etc. There are no restrictions against these items in the lease. This is ONE OF THE BEST DEALS ON THE MARKET TODAY! Call or email Mel Vaz today to learn more at 631-909-1095.
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