MM Summit Group Co. Ltd
Gift, Novelty, and Souvenir Stores · New York, NY
MM Summit Group Co. Ltd is a business in New York, New York, listed under gift, novelty, and souvenir stores, with 10 to 19 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $450K to $1.9M.
Public record
- Industry
- Gift, Novelty, and Souvenir Stores (NAICS 453220, as reported by the business)
- Location
- New York, New York
- Staff
- 10 to 19 people (as reported in 2020 to 2021)
- Local rank
- #34 of 117 businesses in New York listed under gift, novelty, and souvenir stores, by staff size (2020 to 2021)
- Registration
- Active (as of October 2026)
- Formed
- December 5, 2019
- As of
- 2020 to 2021. Details may have changed since then.
What businesses like this sell for
Businesses in Retail Trade with 10 to 19 staff, bought 2023 to 2026. Based on 256 purchases.
Loans used to buy them
$380K to $1.6M
Middle loan about $820K
Estimated purchase prices
$450K to $1.9M
Middle price about $970K
How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of MM Summit Group Co. Ltd.
Financials of businesses like this
Average revenue
$1.5M
a year
Average payroll
$292K
20% of revenue
Average staff
12.7
people
US averages for gift, novelty, and souvenir stores with 10 to 19 staff, 2022 (1,344 businesses). These are not MM Summit Group Co. Ltd's own figures; its own revenue and profit are what a valuation needs.
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Questions
- How much is a business listed under retail trade worth in New York?
- From 2023 to 2026, businesses listed under retail trade with 10 to 19 staff sold for about $450K to $1.9M, with a middle price of about $970K, based on 256 purchases. A business's own value depends on its revenue, profit and owner pay.
- How current is the information about MM Summit Group Co. Ltd?
- The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
- How can the owner of MM Summit Group Co. Ltd get a valuation?
- Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.
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