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Business For Sale
GIFTS, CARDS, AND COLLECTIBLES WITH PROPERTY
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Asking Price: |
$470000
USD USA Dollars
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Business for Sale Industry: |
Retail: Florists, Gifts, Cards
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Year Established:
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1977 |
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Yearly Cash Flow:
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$40,000 |
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Yearly Gross Income:
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$150,000 |
Business for Sale Overview:
This well known 31 year young gift, card, and collectible shop, with ice cream service has become available. Offered with property, or just the business with a favorable lease, the new owner will enjoy the success that comes with 31 years of history with the same owners. The local support combined with the shipping all over the country, no competition, and several exclusive lines such as Department 56, Hummell, Cat's Meow, Snow Babies from Dept 56, Christopher Radco, Lenox and Fenton will add tremendously to the cash flow. The business is available at $470,000 and rent will be $2,600 per year with a 2% annual increase. The new owner would have the option to buy the building during the term of the lease for $650,000.
Property Features and Assets:
This well known 31 year young gift, card, and collectible shop, with ice cream service has become available. Offered with property, or just the business with a favorable lease, the new owner will enjoy the success that comes with 31 years of history with the same owners. The local support combined with the shipping all over the country, no competition, and several exclusive lines such as Department 56, Hummell, Cat's Meow, Snow Babies from Dept 56, Christopher Radco, Lenox and Fenton will add tremendously to the cash flow. The business is available at $470,000 and rent will be $2,600 per year with a 2% annual increase. The new owner would have the option to buy the building during the term of the lease for $650,000.
Market Competition and Expansion:
There is tremendous opportunity for growth, just add hours to 9:00 PM so you get the commuter traffic. Advertising the many exclusive and hard to get lines carried. The ice cream business can easily be increased with the hours and advertising its availability.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not 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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