Business for Sale Overview:
A great opportunity at a bargain price for those who want to buy a Cards & Gifts Shop, in a crowded shopping mall. Located in an affluent neighborhood on Long Island. The owner has been in this business for 14 years, but, due to several other business engagements, does not want the landlord to renew/extend the lease. The owner just wants to sell the merchandise for $150,000 in cash, whereas the actual value of the merchandise is over $300,000. The store has lotto, which earns close to one million a year in gross sales. A new owner may approach the landlord, and may get a new lease under their name (the owner will not be involved in that). The size of the store is 3,000 square feet. The owner is not asking for any key money, except the price of the merchandise. Don't pass up this great opportunity! Subject To Landlord Approval, No Key Money, Inventory Only.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
other business interests
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.