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This Business has been Sold!
Closing Date: 06/28/2021
Broker: Syed Ahmed
Business for Sale Summary

Landmark Corner Market for sale in Suffolk County - 34085

Business Type: convenience store
Sold
Landmark Corner Market for sale in Suffolk County
On June 28th 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 $135,000 Down Payment $135,000
Gross Revenues $325,000 Lease Remaining Register Free to View
Owner’s Cash Flow $72,000 Number of FT Employees Register Free to View

Financing

$135,000 Down and

Business Description

This 80 years old convenience store lies in the midst of a very busy commercial zone on Long Island.The seller wants to retire. Does not sell beer, because of a religious reason. Also has no EBT. Before pandemic, lotto was fetching 1.5 million in gross sale a year; even during pandemic, does 1 million in gross sale a year. A Great Great Opportunity for an experienced buyer to convert it into a Smoke Shop,also by adding beer and EBT.At present, the business has lotto, ATM, cigarettes, cigars(in a very limited way), cards, newspapers, candies, etc. The business is located in an opulent neighborhood. Do not miss this prime location for a very profitable Smoke Shop. The seller's net cash flow, after paying all the expenses, is over $72,000 a year. 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.