Card & Gift Shop in Busy Location For Sale 12263

Location: New York, United States
Category: Retail
Type: Established

Financials

Asking Price: $350,000
Cash flow: $175,130
Revenue: $547,500
Gross Income: Not Disclosed
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: Not Disclosed

Business Details

This Cards & Gifts Shop is nicely located in an extremely busy shopping mall on Long Island. The size of the store is 2800 square feet. Its lotto draws 1.5 million a year in gross sale, and the store makes $1500 a day in gross sale. It is an owner absentee business, and yet the owner earns $14,000 to $15,000 a month net cash flow(excluding all the expenses). The value of the merchandise in the store is $80,000, and the asking price is $350,000: the goodwill and the price of merchandise together. The business is twelve years old. If one wants a business with a decent cash flow, and a great location, with a flow of walk-in customers throughout the day, one must think about buying this business!

General Information

Reason Selling: owner is relocating

Number of Employees: 3
Year Established: 1997