Great Opportunity Card and Gift Store

Suffolk County, NY

Asking Price: Annual Revenue:
$150,000 Not Disclosed

Retail: Florists, Gifts, Cards, Books

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RE: Great Opportunity Card and Gift Store Broker: Syed Ahmed

Quick Facts

Asking Price: $150,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: 2
BBN Listing #: 2244447
Broker Reference #: 14464 Ahmed

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Business Overview:

A great opportunity at a bargain price for those who want to buy a Cards & Gifts Shop, in a crowded shopping mall. Located in an affluent neighborhood on Long Island. The owner has been in this business for 14 years, but, due to several other business engagements, does not want the landlord to renew/extend the lease. The owner just wants to sell the merchandise for $150,000 in cash, whereas the actual value of the merchandise is over $300,000. The store has lotto, which earns close to one million a year in gross sales. A new owner may approach the landlord, and may get a new lease under their name (the owner will not be involved in that). The size of the store is 3,000 square feet. The owner is not asking for any key money, except the price of the merchandise. Don't pass up this great opportunity! Subject To Landlord Approval, No Key Money, Inventory Only.

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Reason for Selling:

other business interests

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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