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Independent Card & Gift Store - Priced to Sell – Suffolk County
Listing Number: 11505

Location: Suffolk County
Asking: $80,000
Gross: $168,200
Cash Flow: $30,000

Summary Description:

  Independent Card & Gift Store - Priced to Sell – Suffolk County This Suffolk County location for LOTTO / greeting cards and gifts has a very loyal following. Lotto sales are over $9,000 per week. Lotto profit alone pays the rent. The current owner has been in business for the last 40 years. The store sells everyday items such as newspapers, magazines, candy, party and gift items, cigarettes and 50% Off on cards and gift wraps. The business is located on a main road in a high trafficked shopping center with plenty of parking. A great opportunity at a very reasonable price for someone looking to own a card / gift store. This store is well set up and can be operated most of the time with just one person. There is tremendous opportunity for this business. The owner is looking to retire. A more aggressive owner can expand the business with extending store hours (currently closed on Sunday) as well as adding new products. Please refer to listing 11505 when inquiring about this listing. Purchase Price: $80,000 Including Inventory Revenue: $168,200 Cash Flow: $30,000 Down Payment: $80,000 Furniture-Fixtures-Equipment: $50,000 Employees: 1 Established: 1975

Contact Information:

Contact: Elaine Iucci, Buyer Coordinator
Phone: 516-626-2211
Email: buyerdept@kensingtoncompany.com

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The Kensington Company. - 185 Roslyn Road, Roslyn Heights, NY 11577

Phone:(516) 626-2211 - Fax: (516) 626-2381

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