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Business for Sale Summary

Established Convenience Store for Sale in New York - 35847

Business Type: convenience store
Established Convenience Store for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $145,000 Down Payment $145,000
Gross Revenues $550,000 Lease Remaining Register Free to View
Owner’s Cash Flow $85,000 Number of FT Employees Register Free to View

Financing

$145,000 Down and

Business Description

A 30-year-old convenience store is located in a densely populated area of Queens. The store offers beer, lotto, cigarettes, cigars, all smoke shop items, an ATM, coffee, and breakfast. The interior has an awesome appearance with an excellent lighting system. Lotto earns $10,000 in commission each month. Thanks to the heavy foot traffic, the store is thriving. however, the seller plans to move to another state due to a family issue. An excellent opportunity for a first time business buyer. After paying all the expenses, the seller's net cash flow, is over $85,000 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.