Branded Convenience Store for sale in NY - 34319 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 | $250,000 | Down Payment | $250,000 |
Gross Revenues | $560,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $115,000 | Number of FT Employees | Register Free to View |
Financing
$250,000 Down and
Business Description
A 2300 sq. ft.convenience store is located on a very busy road in Westchester County in NY. NO RENT UNTIL January 2023; after that, the monthly rent will be $1500 a month, with a 15 years lease. The convenience store has a rental income of $2150, a deli and 2 bed rooms apartment:1500 and $650, respectively. The store is equipped with lotto, beer, cigarettes, cigars, ATM, air pump, vacuum, coffee ,etc. Lotto is extremely busy; earns $7600 a month in commission; ATM makes $900 a month; vacuum gets $350 a month.The store sells 100 cups of coffee, during the morning hours. The store's gross sale is $35,000 a month. An excellent location, no rent at all until January, 2023. A very busy lotto; do not miss this great business opportunity. The seller's net cash flow, after paying all the expenses, is $115,000 a year. Call Syed at 631-374-7686 for more business.
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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.
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