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Business For Sale
DUTY FREE SHOP
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Asking Price: |
$595,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Non-classifiable
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Reason for Selling:
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Relocating. |
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Year Established:
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1996 |
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Yearly Revenues:
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$1,185,475 |
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Yearly Cash Flow:
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$250,000 |
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Yearly Net Profit:
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$250,000 |
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Yearly Gross Income:
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$1,185,475 |
Business for Sale Overview:
Prestigious duty free distributor / retailer of upscale gift merchandise including tobacco products, jewelry, premium wines, liquors, and brand name fragrances. Target market is primarily based in NYC in the diplomatic community. Market size 58,000 foreign diplomats, ambassadors & traveling dignitaries.
Property Features and Assets:
500 sq. ft. Modern decor in good condition. 2 yr. lease with negotiable options.
Market Competition and Expansion:
No competition, diplomat community in NYC.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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