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This Business has been Sold!
Closing Date: 06/04/2021
Broker: Syed Ahmed
Business for Sale Summary

C-Store for sale in Nassau County, NY - 33783

Business Type: owner financing available,convenience store
Sold
C-Store for sale in Nassau County, NY
On June 4th 2021, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $165,000 Down Payment $130,000
Gross Revenues $624,000 Lease Remaining Register Free to View
Owner’s Cash Flow $98,000 Number of FT Employees Register Free to View

Financing

$130,000 Down and $35K at 7% for 24 months

Business Description

This 30 years old convenience store is in a crowded neighborhood on Long Island. It has lotto, beer, cigarettes, ATM, Western Union, EBT, cigars, gaming machines, coffee & breakfast, etc. Lotto makes $4700 a month in commission; gross sale is $10,000 a week, Western union ears $500 a month; $700 a month comes from sub-letting a portion of premises to a vender; ATM makes $1,000 a month in commission; the gaming machines also provide a great cash flow. Rent is just $3300 a month, with a lengthy lease. Seller wants to retire; willing to finance too. Buy this store; it will be a win win situation!! Seller's net cash flow, after paying all the expenses, will be $8,000 a month. call Syed at 631-374-7686 for more information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.