Listing Expired

Business For Sale

Retail: Florists, Gifts, Cards, Books


Card /Gift /Lotto - High Net - Low Price

Bethpage Area , NY

Asking Price: Annual Revenue:
$169,000 $340,000

Business Overview:

This Card /Gift and Stationary Shop is located on a Busy Main Road near the Bethpage area of Long Island and has been under the same ownership for over 16 years. The store carries a variety of merchandise to include a large selection of cards, stationary, souvenirs, candies, cigarettes, soft drinks, flags, costume jewelry, miscellaneous gifts & convenience items. The store is 1600 sq. ft. and the Rent is only $1,927 per month (includes tax & cam charges). The weekly Lotto commission & cigarette sales profits alone produce a NET PROFIT of $1450 per week. The asking price for this business has already been UNDER VALUED by at least $60,000 for a quick sale. The Seller is retiring and will finance with 50% down. The Sale Price will Include the Inventory. ***Priced TO Sell***Easy Business***High Net***

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Property Features and Assets:

The store is 1,000 sq. ft. located in a Plaza with good exposure and plenty of parking.

Market Competition and Expansion:

There is plenty of room to increase the present sales. The Seller does no advertising.

Reason for Selling:

Retiring

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.

Request More Information
Contact the Seller

RE: Card /Gift /Lotto - High Net - Low Price Broker: John Stefan JS Business Brokers
Owner Financing is Available!
The Seller is retiring and will finance with 50% down (includes inventory).

Quick Facts

Asking Price: $169,000
Annual Revenue: $340,000
Net Profit: Not Disclosed
Cash Flow: $117,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 2
Listing Number: 658515425

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