Price Reduced! 80 Year Old Queens gift shop

Rockaway Park, NY
Queens County


Asking Price: Annual Revenue:
$275,000 $650,000

Retail: Non-classifiable

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RE: Price Reduced! 80 Year Old Queens gift shop Broker: henry galasso
Owner Financing is Available!

Quick Facts

Asking Price: $275,000
Annual Revenue: $650,000
Net Profit: Not Disclosed
Cash Flow: $145,640
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 903335273
Broker Reference #: 11756

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Business Overview:

Buy this historical 82 year old Card & Gift Shop in Queens just in time for the Holiday season! Current owner has owned this shop of 23 years, and is now ready to retire. Yearly sales of $650,000 consists of toys, gifts, stationary, variety items, greeting cards, and so much more. Lotto commission is approximately $60,000 for the whole year. An owner operator can make over $200,000 by cutting payroll and working themselves. With all major toys like Toys R Us & KB Toys out of business, this toy store is the only game in town! The shop is busy throughout all the major holidays and summer time too because of it proximity to the beach. Shop is open 9am-7pm Monday - Saturday, and 9am-6pm on Sunday. The asking price includes over $125,000 worth of inventory!

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Reason for Selling:

Other business interests.

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.

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