Successful Hallmark Store In Great Location
Not Disclosed, NJ Morris County
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- RE: Successful Hallmark Store In Great Location
- Contact: Paul J.
Quick Facts
| Asking Price: | $475,000 | |
| Annual Revenue: | $902,900 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $136,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $65,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | 16 | |
| BBN Listing #: | 947948 | |
| Broker Reference #: | 5852-214367 |
Business Overview:
A broad selection of year-round and seasonal gifts, gift wrap, Keepsake Ornaments and greeting cards
Is the perfect store for all of your special occasions. Our gift and card shop has something to help you celebrate any special occasion, holiday or even ordinary day!
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Property Features and Assets:
Monthly Rent: $11,787.00
Square Units (Foot, Meter): 4,000
Lease Expiration Date: November 5, 2025, 12:00:00 AM
Terms Options: 2 - 3 year options
Facilities:4000 sq ft store space with 2100 sq ft basement for storage
Market Competition and Expansion:
Competition: Only Hallmark store in the surrounding area, plus its array of Gifts, Keepsake ornaments and greeting cards is second to none in Morris County
Expansion: Full time operator owner can increase through relationship building in the community
Reason for Selling:
retiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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