Cards Gifts and Convenience Store

Suffolk County, NY

Asking Price: Annual Revenue:
$240,000 $360,000

Food & Beverage: Convenience Stores

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RE: Cards Gifts and Convenience Store Broker: Syed Ahmed

Quick Facts

Asking Price: $240,000
Annual Revenue: $360,000
Net Profit: Not Disclosed
Cash Flow: $109,360
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: Not Disclosed
BBN Listing #: 91324447
Broker Reference #: 18002 Ahmed

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Business Overview:

This Cards and Gifts Store is located on one of the main highways on Long Island. The size of the store is 1,300 square feet, with an excellent and impressive interior decoration. The store earns $8,000 a month in cash, through lotto commission. Rent, including real taxes, is just $2,900 a month. The lease also permits a new owner to add beer, if he or she desires to do so. The surrounding area is one of the most affluent areas on Long Island. Net profit, after excluding all the expenses, is $11,000 a month. The store has its own parking pace. The business is 20 years old. A new buyer will be buying a stable business with a guaranteed cash flow. Don't pass up this great business opportunity located in a very well-to-do neighborhood!

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Reason for Selling:

owner is relocating

Additional Details:

  • The property is owned.
  • 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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