High End Gift Shop For Sale
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1245675
Net Profit / Cash Flow $533193
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1995
Number of Employees 1 - 3
Inventory 75000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Personal
Description This gem of a business is located in the heart of Queens. Situated on a very busy street, in a main shopping area that gets plenty of shoppers and traffic all day long, this store sells all kinds of high end gift items including china, crystal, chandeliers, dinnerware, Chinese art, Judaica, custom jewelry, Lladro, Armani and many other goods. Total sales of $1,350,000 per year are generating over $500,000 of owner's discretionary cash flow. The sales are broken down to 35% wholesale and 65% retail, with plenty of room to grow the wholesale component. The markup of the merchandise in retail can be anywhere from 100% to 500%. If you are looking for a serious money making business that is reasonably priced in a great location, this is it. You have to see it to believe it. Please do not delay and contact Vested Business Brokers to see if this is the business of your dreams.
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