Cards And Gifts Store in Suffolk County - 32044

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$98,000 $225,000

Retail: Florists, Gifts, Cards, Books


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RE: Cards And Gifts Store in Suffolk County - 32044 Broker: Syed Ahmed

Quick Facts

Asking Price: $98,000
Annual Revenue: $225,000
Net Profit: Not Disclosed
Cash Flow: $49,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 2
BBN Listing #: 18044447
Broker Reference #: 32044

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Business Overview:

This 20 years old card and gifts store is located at a busy strip mall ion Long Island. Rent is just $2,350, with a 10 years lease. lotto makes $60,000 in commission a year. Seller owns several businesses, and for this business, he is a 100% absentee. Seller's net cash flow, after paying all the expenses, is $50,000 a year. Store has a capacity to add many items to boost the revenues.

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Reason for Selling:

100 Percent Absentee.

Additional Details:

  • The property is owned.
  • The owner is 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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