Broker Name:Lisiten Associates
Broker Email:ron@bbpinc.com
Broker Contact FormWELL-KNOWN AND ESTABLISHED ART SUPPLIES ,STATIONARY AND GIFTS
New York, New York
Listed Price: $ 350,000
Listing ID: XC111666
Listing DetailsDown Payment: $ 250,000
Gross Revenue: $ 812,000
Cash Flow: $ 176,000
FFE: $ 50,000 (Included in Price)
Inventory: $ 100,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:
RETIREMENT
Training & Support:
SELLERS WILL COMPLETELY TRAIN
Listing SummaryBusiness Description:
This Company sells Art supplies , Stationary, Gifts and Collectibles.
It does 50% of it's business online with the website with a minimum amount spent on advertising. They carry only important Major lines and a unique line of collectibles.
Historical Summary:
This company has been servicing Manhattan for over 40 years.
Owner Qualifications:
Business sense.
Competition:
varies.
Potential Growth:
Unlimited. Add Serious online Marketing
Financing/Terms:
NEGOTIABLE
LocationLease Expire: 0000-00-00
Option: 2x 5yr options
Lease Security: 0
Monthly Rent: $ 4,919
Square Footage: 1000
Facilities:
A beautiful 2nd floor location in a commercial building.
The Shop is clean as a whistle with all current merchandise
OperationYear Established: 1975
Days & Hours of Operation: 8AM-5PM M-F
Employees: Full Time: 3
Managers: 1
Absentee Owner: No