Business Summary:
LISTING ID # 37479This 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 at 631-374-7686.In addition, please register with the listing number above by going to vestedbb.com.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-37479 for instant access to this business information.
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