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

Card & Gift Store - Lotto Sales Of $2 Million

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $69200
Net Profit / Cash Flow  $81084
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
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  Card & Gift Store - LOTTO Sales of $2 Million. The current owner has been here for 7 years. This store is nestled in a busy shopping center in the middle of a residential neighborhood. LOTTO sales alone were over $2,000,000.00 in the past year. That translates to commissions of $120,000.00. This is a 2,500 sq. ft. store with 10 years available on a lease. They specialize in collectible gift items, stationery and greeting cards. It is in the busiest shopping center in the area. The owner is looking to sell as he owns several other businesses. In addition to LOTTO profit of $120,000.00, the store had Gross Sales of approximately $75,000.00 in the past year, with a Total Net Income of approximately $82,115.00 (includes LOTTO Commissions, ATM, Cigs., etc.). There is an opportunity to expand with more collectibles, cell phones, more soft drinks, ice cream, etc. Call or email Mel Vaz today to learn more at 631-909-1095.
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