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Business For Sale

Gold Crown Hallmark Store

Union County, NJ, USA

Retail: Florists, Gifts, Cards

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$99,000
Not Disclosed
Not Disclosed
$16,020
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1977
3 FT
36702979

Business for Sale Overview:

Gold Crown Hallmark store located on main shopping street in Union with plenty of parking. Present mark up over 100% for Hallmark cards and 150% mark up for novelties & gifts. Elongated lease options can be had. The most positive possession with this specific business is the designation of Hallmark not Gold Crown. As a new owner Hallmark would allow you to keep lottery and sell cigarettes and still use Hallmark's distribution center. Other items can be through whatever vendor you wish. Wonderful opportunity for owner with art & craft background to demonstrate their ability to be creative. Hallmark will allow most items to be sold. Breakdown: 30% charge, 70% cash. No fee for Hallmark, Gold Crown pay $360.00 less monthly.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Large store set up with aisle running length wise – All free parking required, street as well as shopper’s lot. Store has been in area 30 years.

Market Competition and Expansion:

No other hallmark store in area- many novel ideas can be implemented by aggressive new owner. Store needs a new operator to regenerate. Daily hours can be expanded – bus stop located directly in front of store. Opening earlier coffee donut/bagel mix can be provided opening on Sundays will increase volume.

Reason for Selling:

Health reasons

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist 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.

Resources:

 

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