Card & Gift Store - LOTTO Sales of $1,500,000 Mil.

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$175,000 $371,406

Retail: Florists, Gifts, Cards, Books


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RE: Card & Gift Store - LOTTO Sales of $1,500,000 Mil. Broker:

Quick Facts

Asking Price: $175,000
Annual Revenue: $371,406
Net Profit: Not Disclosed
Cash Flow: $109,514
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 4654447
Broker Reference #: 31828

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Business Overview:

Card & Gift Store - LOTTO Sales of $1,500,000 Million. This store is located in a busy shopping center in the middle of a residential neighborhood. LOTTO sales alone were over $1,500,000.00 in the past year. That translates to commissions of $90,000.00. This is a 2,000 sq. ft. store that has been recently renovated. They specialize in collectible gift items, stationery and 50% greeting cards. There is no other direct competition to this store within a 2 mile radius. There are 9 years remaining on the lease with a rent of $6,000/month. for a spacious 2,000 square feet store. In addition to LOTTO profit, the store had Gross Sales of approximately $400,000.00 in the past year, with a Total Net Income of approximately $109,514.16 (includes LOTTO Commissions, ATM, Cigs., Western Union, etc.). There is an opportunity to expand with more collectibles, cell phones, more soft drinks, ice cream, etc. You WILL NOT find a better card and gift store on the market. Contact Mel Vaz today to learn more or email us.

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Reason for Selling:

Cashing Out.

Additional Details:

  • The property is leased.
  • 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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