MergerPlace

Specialty Gift, Toys & Novelty Business

New York


  • Asking Price: $350,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $150,000
  • FF&E: Not Disclosed
  • Listing ID: #210492
  • Established: Not Disclosed
  • Employees:

Business Description

This highly successful specialty gift, toys and novelty business has both an E-Commerce Specialty Retailer division which sells on many well known sites, and one retail store in a prime location. The company has developed and implemented systems where a new owner will have nearly a turn key operation. In operation for over 10 years. Numbers are up again in 2018 over 2017 in the first two quarters. Business is in position to be taken to another level by well capitalized buyer.
Business has one 3500 sq ft location plus a full basement with several small businesses subletting parts of the basement for extra income with a good lease on a major well known street. Inventory is included in the asking price and necessary inventory will vary depending upon the time of year. However, seller will finance a significant amount of the inventory for a period of time based upon the sale of the inventory.
All buyers will be required to sign our NDA.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: New York

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $350,000
Inventory: $150,000
Seller Financing Available: No

Property Information

Facilities:

E-Commerce and Brick and Mortar Store. Building is 3500sq ft, Rent is $3,700 per month. There is $7,200 security on lease, and the lease expires in 5 years

Reason for selling:

To Pursue other interests

Contact Business Seller

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Business Listed By:

John Battista

The NYBB Group