Convenience Store - 25034 Business Type: convenience store
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $80,000 | Down Payment | $80,000 |
| Gross Revenues | $540,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $89,900 | Number of FT Employees | Register Free to View |
Financing
$80,000 Down and TBD
Business Description
This thirty-years old convenience store is located on the busiest road in Queens. The store is equipped with lotto, beer, ATM, EBT, cigarettes, etc.
Its per week gross sale is $10,000 to $11,000, out of which cigarettes cover only 20%.
There is no beer in the neighborhood, so the business makes a decent profit on the sale of beer. Rent is just $2750, with a long lease.
If location is the most important, then this store has the best. It is a 100% absentee owner business.
The seller has the other two businesses, so he can't focus on this business.
The seller's net cash flow, after paying all the expenses, is $6,000 to $7,000 a month. Don't miss this great business opportunity.
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.
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