Card and Gift Store for Sale in Long Island, New York

Asking Price$95,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$500,000

Inventory$22,000
Included in asking price
FF&E$70,000
Included in asking price
Real EstateNot Disclosed

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Card and Gift Store for Sale in Long Island, New York


Asking Price$95,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$500,000

Inventory$22,000
Included in asking price
FF&E$70,000
Included in asking price
Real EstateNot Disclosed

Business Description
Card and Gift Store for Sale in Long Island, New York
LISTING ID # 37479


This card and gift store, located in a well-off neighborhood in Long Island, NY, has been successfully operated for 30 years. The owner is now looking to retire, presenting a unique opportunity for a buyer. With no competition in the area, this business has significant potential for conversion into a smoke shop, as there are currently no smoke shops nearby.

The store benefits from a favorable rental agreement, with a monthly rent of just $1,777 and a lease term of 13 years. Additionally, the store generates $3,000 a month in lottery commission. The seller is offering the business for sale, which includes inventory valued at over $20,000. This combination of low rent and spacious premises makes it an ideal opportunity for a first-time smoke shop buyer.

After all expenses are paid, the seller enjoys a net cash flow of $5,000 per month. This is a profitable setup for new ownership, with a smooth transition possible due to the established customer base and operational history.

For more information, please call Syed Ahmed .
About the Business
Years in Operation
40
Employees
2 (1 Full-time, 1 Part-time)
About the Sale
Seller Motivation
Retirement
Transition Support
Seller Will Train
Listing Info
ID
2492827
Listing Views

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2492827 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 of Use. Learn how to avoid scams.


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