Owner Financing is Available!
Business Overview:
Fantastic Card & Gift Store for sale in Suffolk County. LOTTO sales alone were over $1,100,000 in 2008. This is the cleanest and most organized card and gift store we represent. The sale price INCLUDES approximately $45,000 in Inventory. They specialize in high-end collectible gift items as well as greeting cards. There is no other direct competition to this store within a 2 mile radius. The current owners have been here for 3 years. They are selling as one of the owners is going to Graduate School. The store is a cozy 1,250 square feet including a storage area in the back of the store. The Lease Is Phenomenal At Only $2100 Per Month (included Taxes And Cam) With 9 Years Remaining, Plus A 5 Year Option To Renew And Only 2% Rent Increases. In addition to LOTTO revenue, the store has Gross Sales of approximately $130,000, with a Net Income of approximately $108,000 (includes LOTTO Commissions, ATM, Money Orders, Western Union, Bill Pay, etc.). There is a new Supermarket that will be opening in this shopping center in the next 6 months. You WILL NOT find a better card and gift store on the market.
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.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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