Card and Gift Store (Hallmark) with Great Lease and LOTTO machine Business For Sale in Long Island, New York

Card and Gift Store (Hallmark) with Great Lease and LOTTO machine

Asking Price:	$275,000	Inventory:	$75,000 ++
Gross Revenue:	$450,000 (comments below)	Real Estate:	n/a
Cash Flow:	Not Disclosed (comments below)	FF&E:	n/a
++ included in the asking price not** included in the asking price
Gross Revenue Comments: Lottery grosses $500,000
Cash Flow Comments: on request

This Hallmark card & gift store is located in a shopping center on Long Island. The store grosses over $450,000 and has a LOTTO machine that does over $500,000. The store is 2400 Sq. Ft with a full basement. The lease has 13 years remaining and the rent is only $3200 including taxes. There are increases of only $300 every 5 years. The same owner has had this store for over 15 years and it has been established over 30 years.
They sell a variety of merchandise including cards, a large gift line, newspapers, candy, cigarettes, stationery, and toys.

About the Business

Year Established:1975

Employees:2 full time -

Facilities:2400 sq. ft. plus full basement in a shopping center.

About the Sale

Reason For Selling:Divorce

Seller Financing:Seller will take a down payment of $175,000 and will hold a note for the balance.

KEYWORDS: card, cards, card store, gifts, Hallmark, LOTTO, lottery,shopping center, candy, newspapers, cigarettes, stationery, toys

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Seller ID:	40413
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Business Listed By
John Kuchcicki \| All County Business Brokers, Inc. View All of My Listings


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