Financing: $150,000.00 Down and TBD
Reason for Selling:Has another job, is unable to run this business.
This beautifully-located convenience store is situated on one of the busiest roads on Long Island. Rent is $2800 a month; its size is 1800 Sq.ft. Its lotto earns $112,000 a year in commission; Western Unions makes $36,000 a year in commission. It has no beer and cigarettes; as a new buyer adds these items, the revenues will increase, tremendously. Check cashing and bill payment should also be introduced. It is a 100% absentee owner business; the seller has a steady job in a laboratory, so it is hard for him to monitor the business daily. It is a neighborhood store; one can imagine from the earnings of lotto and Western Union, that the foot traffic is huge, so is the business. If a new buyer wants to work by himself, then this is the best business for him. The seller's net cash flow, after paying all the expenses, is 0ver $90,000 a year. Seller's financing is also available. Call Syed at 631-374-7686 for more information.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
