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Card And Gifts Store In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$140,000 Inventory / Stock included
Sales Revenue:
$225,000
Cash Flow:
$49,000

This 20 year old card and gifts store is located in a busy strip mall ion Long Island. Rent is just $2350, 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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Business Operation

Reasons for selling:

100% absentee

Employees:
2FT
Years established:
2003

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$10,000
Inventory / Stock value:
$25,000 - included in the asking price