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Business for Sale Summary

Convenience Store For Sale in Queens County, NY - 35131

Business Type: general merchandise store,misc. retail/non-classifiable,smoke shop/tobacconist,convenience store
Convenience Store For Sale in Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $150,000
Gross Revenues $525,000 Lease Remaining Register Free to View
Owner’s Cash Flow $51,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and

Business Description

This convenience store is located in the midst of a very busy neighborhood in Queens. The seller owns it for 20 years; wants to retire. The lotto does $8,000 a month in commission; ATM makes $900 a month in commission. The store is laced with lotto, beer, electronic cigarette, vape, etc. Three partners own it, but they have developed some serious differences; now they have decided to sell the business. A great opportunity for a new buyer who wants to run by himself. The seller's net cash flow, after paying all the expenses, is $50,000 a year. To learn more, please contact the broker Syed Ahmed at 631-374-7686.

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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.