Established Mini-Mart - 24135
Business Type: convenience store,general merchandise store,supermarket,owner financing available
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $165,000 | Down Payment | $100,000 |
| Gross Revenues | $288,500 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $50,110 | Number of FT Employees | Register Free to View |
Financing
$100,000 Down and Negotiable
Business Description
This thirty-year-old supermarket is located on one of the busiest roads on long island. The business has its own free standing building, with its parking place. The size of the store is 3000 sq.ft. the business is equipped with quick draw(lotto), beer, cigarettes, ATM, coffee, candies, money gram, pre-paid calling cards, breakfast, etc. The commission from lotto pays the rent. Sandy had destroyed the store from inside, but the present owner, after buying it, re-renovated the whole store, and brought it to a level of an extreme type of neatness, and excellence in inner decoration. The owner bought it for his wife, but now she is expecting a baby, so she is unable to run the store. The owner has a full-time job, so he, too, is can't run it. There is enough space to bring an ice cream, or a pizza, or a sandwich franchise in order to increase the revenues. The seller is also willing to finance. The seller's net cash, after paying all the expenses, is $6,000 a month. The business is at a great location, also close to a railroad station. Call Syed at 1-877-735-5224 for more information.
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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