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Listed by:

Transworld Business Brokers

Successful Hallmark Store In Morris County NJ For Sale

Morris County, New Jersey, US
Asking Price:
$475,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$902,900
Cash Flow:
$136,000

A broad selection of year-round and seasonal gifts, gift wrap, Keepsake Ornaments and greeting cards
Is the perfect store for all of your special occasions. Our gift and card shop has something to help you celebrate any special occasion, holiday or even ordinary day!

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $11,787.00

Square Units (Foot, Meter): 4,000

Lease Expiration Date: November 5, 2025, 12:00:00 AM

Terms Options: 2 - 3 year options

Location:

Facilities: 4000 sq ft store space with 2100 sq ft basement for storage

Business Operation

Expansion Potential:

Full time operator owner can increase through relationship building in the community

Competition / Market:

Only Hallmark store in the surrounding area, plus its array of Gifts, Keepsake ornaments and greeting cards is second to none in Morris County

Reasons for selling:

Retiring

Trading hours:

Monday 10:00 am - 6:00 pm Tuesday 10:00 am - 6:00 pm Wednesday 10:00 am - 6:00 pm Thursday 10:00 am - 6:00 pm Friday 10:00 am - 6:00 pm Saturday 10:00 am - 6:00 pm Sunday 10:00 am - 3:00 pm

Employees:
16
Years established:
2004

Other Information

Support & training:

# of Weeks Seller Will Offer Training: 6

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$65,000 - included in the asking price
Inventory / Stock value:
$300,000 - included in the asking price