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Business For Sale

50% OFF CARD AND GIFT STORE

Attn: Gregg Caruso
Shrewsbury, NJ, USA
Listing #: 10425020
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Asking Price: $189,000 USD USA Dollars
Business for Sale Industry: Retail: Florists, Gifts, Cards  
Reason for Selling: Full time job relocation.
Year Established: 1999
# of Employees: 4
Yearly Cash Flow: $114,000
Yearly Gross Income: $396,000
 

Business for Sale Overview:

This is a great little 3000 sq. ft. store well known and long time existing in the community. It is located in a very high traffic strip mall with multiple anchor stores including A.C Moore , Acme and Linen and Things plus others. Store sales were $396,000 in 2007 with a net of approx. $114,000. The store is ideal for an owner/operator of family and is a complete turn key business with no work needed. Present owner is full time absentee and pays a very high payroll and still makes money . Five years left on lease with additional options available . This is a great business that would do even better with hands on management and involvement . Buyer can add a multiple of things to increase sales and income in the way of Lotto, Cigarettes , Western Union and advertising . Over 60k in inventory included with all upcoming holiday merchandise in place already and included in the sale. Seller is highly motivated .


Property Features and Assets:

3000 sq ft store located in great high traffic strip mall with multiple anchors. All inventory and fixtures included.


Market Competition and Expansion:

increase income greatly with addition of lottery, western union , cigarettes, and advertising. Also addition of an owner/operator will increase visibility into customer needs and add greatly to overall perception of the business.


Additional Details:

  • The property is leased.
  • 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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