Owner Financing is Available!
Business Overview:
This gem of a business is located in the heart of Queens. Situated on a very busy street, in a main shopping area that gets plenty of shoppers and traffic all day long, this store sells all kinds of high end gift items including china, crystal, chandeliers, dinnerware, Chinese art, Judaica, custom jewelry, Lladro, Armani and many other goods. Total sales of $1,350,000 per year are generating over $500,000 of owner's discretionary cash flow. The sales are broken down to 35% wholesale and 65% retail, with plenty of room to grow the wholesale component. The markup of the merchandise in retail can be anywhere from 100% to 500%. If you are looking for a serious money making business that is reasonably priced in a great location, this is it. You have to see it to believe it. Please do not delay and call Vested Business Brokers to see if this is the business of your dreams.
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:
Location, Location, Location. Very busy shopping area of Queens. Tremendous congestion and foot traffic. Large and well placed store with many gift items. Not much competition around selling similar goods. Two huge seasons, Christmas and Easter per Passover. Business does 35% wholesale and 65% retail. Buys in large quantities and is able to keep COG's low.
Reason for Selling:
Personal
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.