Large Hallmark Gold Crown
Location Illinois,United States
Asking Price Range $250K - $500K
Gross Revenues $660000
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1982
Number of Employees 10 - 19
Inventory 337000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 5 days of No Charge training at the Hallmark home office is required. The seller will provide 5 partial days of training, plus telephone support too.
Reason for Sale Retirement.
Description Great Store - 25 Years Hallmark Gold Crown. One of the biggest in Downstate Illinois. This 7,200 square feet super-store is an easy-to-run stable, profitable business. Located in a large, modern strip center in a professional, white-collar large city. Store has been at this location for 11 years and the seller has operated it for the past 25 years. Sells a large volume of greeting cards, stationary and gifts. Hallmark charges no royalty fees and has minimal restriction on other brands and products offered by the owner. This is without a doubt, one of the nicest, safest and fun Hallmark Gold Crown's available anywhere. Nice businesses like this one are kept until the owner retires. This owner is retiring after 25 years. Monthly lease payment with CAM is $7,734. Lease term remaining is 2-year with 2-year option. Payroll is approximately $8,612 / month including full time manager. New Owner/Manager could realize full cashflow of over $80,000. Salable Inventory of approximately $300,000 cost is included. Hallmark requires $500,000 minimum Net Worth. Verification must be submitted before meeting with Seller. Asking $399,900. Email or call Paul at 217-429-3170 for more information on this Hallmark Gold Crown Store for sale.
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