PRICE DROP $1.4M Lotto Sales! Card And Gift Store

Contact Seller
Asking Price:
$98,000

Gross Revenue:
$1,550,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$50,000
not included in asking price

FF&E:
$20,000
included in asking price

Share this business:

Business Description

WOW GREAT PRICE!!! LOTTO Sales of $1,400,000 Million as the math equals $85k net just in lotto sales. This store is located in a AAA busy shopping center fully rented. This is a 1,200 sq. ft. store that has 8 years remaining on the lease with a rent of $4,650/month.

They specialize in collectible gift items, stationery and 50% greeting cards which has been in business for 40 years.

In addition to LOTTO profit, the store has Monthly Gross Sales of approximately $9,000 to $10,000, with a Net Income of approximately $100k (includes LOTTO Commissions, ATM, Cigs., etc.).

Great opportunity to expand to other services and own a great business!!!! Owner is Moving Contact Ronnie at 888-869-6069, Ext 8

About the Business

Location:
Suffolk County, New York
Year Established:
1979
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$4,650.00 Per Month
Lease Expiration:
3/1/2027
Market Outlook/
Competition:
AAA Location Major road and shopping center
Growth & Expansion:
Add more services- Cell Phone , Western Union

Hours Mon-Sat 8:30-8:00pm Sun 8:30-5pm
Contact the Seller

About the Sale

Reason For Selling:
relocation
Training/Support:
yes

Listing Info

ID:
1602225
Ad Detail Views:
0

Contact the Seller
$
months
Please confirm you're not a robot
Contact the Seller
Business Listed by

Darlene Ragone

Moxie Brokerage Group, Inc.

 Show Phone Number

View My 43 Active Listings
U.S. Census Data for Suffolk County, NY
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Suffolk County, NY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.