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Cards and Gifts in Los Angeles County, CA

1002898Ref #:
Price: $ 250,000 Price is negotiable
Established,Years: 10
Building Size: 2500
Annual Sales, USD: 540000
Lot Size: 0
Monthly Sales, USD: ---
Lease Expires In: 12/2018
Annual Cashflow: 72000
Lease Options, Yrs: ---
Monthly Cashflow: ---
Rent, USD 5400
FF&E, USD: 50000
Real Estate Included: No
Inventory, USD: 100000
Relocatable: No
Inventory Included: Yes
Home-Based Business: No
Owner Financing: Yes
Absentee Owner: Yes
Franchise: No


Card and Gift shop adjacent to Rancho Palos Verdes---Discounts cards 50% and sells gift items. Well established Card and Gift shop with great customer base to grow from. Seller has been running the store absentee for a while--On-site management would help to increase sales. The business sells cards at discount and gift items like Demdaco Collectable Angels, Painted Tiles, Hello Kitty and nice collection of baby items. Nicely decorated, clean appearance and well organized. Seller has a Card Smart license and buys cards from them--no royalty fees. Seller has a large off site garage that he rents for $ for storage that could be reduced or eliminated.Seller operated with 8 part time employees---would easily be able to reduce payroll if on site. An owner operator should be able to net about $6K monthly. Price includes $100K Inventory.



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Los Angeles County, California, United States