Convenience Store for Sale in Suffolk County,NY - 32250 Business Type: convenience store
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $500,000 | Down Payment | $500,000 |
| Gross Revenues | $2,300,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $170,000 | Number of FT Employees | Register Free to View |
Financing
$500,000 Down and
Business Description
A nationally known, franchised convenience store, located on one of the busiest routes on Long Island. Seller owns it for 30 years and wants to retire. The franchised company pays the rent. A new buyer will have to pay the franchise fee which is $200,000. A safe investment, a famous name in the country, and a strong support from the company to teach how to run and how to supervise the business. Seller's net cash flow, after paying all the expenses, is $170,000 a year. A great opportunity for a first time business to be in a nationally-know franchise.
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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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