Business For Sale

Business Overview:

An excellent opportunity to own a growing costume jewelry business in Times Square district. Near all public transportation and tourist sites in the Times Square district. Heavy foot traffic during the day as well as at nights. Asking key money is $225,000 and is slightly negotiable. The actual monthly rental out of pocket expenses are extremely low due to other sublease tenants in place. Must contact the exclusive broker for all showings, inquiries, and must be discreet throughout the whole showing process. To make an appointment, please contact the exclusive broker, Thomas Lee. By the owner's request, under no circumstances should you ask any specific questions about the business to any of the employees. Any applicants who violate this request will automatically be disqualified from the bidding process.

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:

The total space of the entire store is 2,800 SF with separate mezzanine space with 1,300 SF. The lease terms are approximately 8 years with 3% incremental increase per year. New 10 year lease is possible as well at the current rental rate. All renovations made to the store will remain. All the furniture and business equipment will remain at the store and convey to the new owner. Near all public transportation and tourist site on Times Square district. Heavy foot traffic during the day as well as at nights. Free one month support will be given to the new buyer upon request. The hours will be from beginning to when the store closes at night.

Market Competition and Expansion:

The other subtenants inside the store draws customers into the store. The owner has some overseas clients who will be introduced to the new owner.

Reason for Selling:

Pursue other business interests.

Additional Details:

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