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  • RE:  Successful Hallmark Store In Great Location
  • Contact:  Paul J.
Owner Financing is Available!

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

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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:

retiring

Additional 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

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