Manhattan Convenience Store - 21760 Business Type: bakers & confectioners,convenience store,general merchandise store,card shop/stationery store,absentee business
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $150,000 | Down Payment | $150,000 |
| Gross Revenues | $770,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $81,100 | Number of FT Employees | Register Free to View |
Financing
$150,000 Down and
Business Description
This attractively-located convenience store is situated at one of the busiest roads in Manhattan. It is equipped with lotto, beer, cigarettes, newspapers & magazines, coffee, etc. It also sells metro and pre-paid calling cards. The gross sale per each week is $14, 000; the present owner, due to religious reasons, does not want to sell food items. A new owner, due to a great location, may add different kinds of food items. It is a 100% owner absentee business. The lady owner owns it for seven years; now, she wants to move to another state. The seller's net cash flow, after paying all the expenses, is over $80,000 a year. The business is located within the hub of Manhattan, so one can imagine the steady flow of the business. Don't miss this great business opportunity for a person who would like to run by himself. At present, the employees are running the business. The seller is also particular about the proof of funds, before she would like to engage in any negotiation. Call Syed at 631-265-7300for more information and the address.
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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