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Financing: $165,000.00 Down and TBD Reason for Selling:The seller has to stay abroad; can't focus on the business. This attractively-located convenience store is located at one of the busiest roads in Manhattan. It is equipped with lotto(quick draw), beer, cigarettes, cigars, coffee, newspapers & magazines, etc. It also sells metro and pre-paid calling cards. Only lotto earns $1.5 millions in gross sales a year, relieving the seller of the rent and pay roll. The store makes $14,000 a week in gross sales. It is 100 % absentee owner business. The seller's net cash flow, after paying all the expenses, is between $85,000 to $90,000 a year. The business is located within the hub of Manhattan, so one can imagine the steady flow of the business, having the commercial and residential area close to the business. The seller is attached to one NGO, which forces him to go abroad for several weeks at a time. At present, the employees are running the business. Proof of funds is a must. Call Syed at 1-877-735-5224 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. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |