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Busy Variety / C Store in Queens, NY
Listing Number: 12352

Location: Queens
Asking: $300,000
Gross: $600,000
Cash Flow: $100,000

Summary Description:

  This Established Card /Stationary/ Gift store was originally opened in 1937 and carries a variety of merchandise to include a large selection of greeting cards, Lotto, stationary, toys, art supplies, small electronics, seasonal merchandise, miscellaneous gifts & convenience items. There is an area in the front of the store that the current owner is thinking of converting to sell sandwiches, beverages and snacks. The current owner has been there for 15 years. It is located on a busy street in Queens. The business has been totally remodeled one year ago with all new floors, counters and equipment. The store is 5000 square feet plus basement and the rent is $9600 per month. In summer this store is busy with beach related merchandise. In the winter months the store is very busy with seasonal and holiday related merchandise. Current inventory is approximately $125,000. The reason for sale is that the owner lives in New Jersey and the commute is too long. Please refer to listing number #12352 when inquiring about this opportunity.

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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