Convenience Business For Sale in NY - 34898 Business Type: delicatessen/catering services,other eating & drinking places,other food stores,convenience store
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $450,000 | Down Payment | $450,000 |
| Gross Revenues | $950,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $180,000 | Number of FT Employees | Register Free to View |
Financing
$450,000 Down and
Business Description
A 50 year old market type convenience store is located on a busy strip mall on Long Island. The seller owns it for 30 years; wants to retire. Lotto makes $110,000 in commission a year; this convenience store does over $70,000 a month in gross sales. Because of the seller's personal situation, the seller has reduced the store hours a lot: closes at 9pm. The business has lotto(Quick Draw too), beer, cigarettes, vape, ATM, breakfast & lunch, etc. The business has its own parking facility. A very attractive location, a long lease, and loyal clientele over a period of 30 years. The seller's net cash flow, after paying all the expenses, is $180,000 a year. Call Syed Ahmed at 631-374-7686 for more information.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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