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Business For Sale
50% OFF CARD AND GIFT STORE
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Asking Price: |
$189,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Florists, Gifts, Cards
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Reason for Selling:
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Full time job relocation. |
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Year Established:
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1999 |
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# of Employees:
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4 |
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Yearly Cash Flow:
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$114,000 |
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Yearly Gross Income:
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$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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