General Merchandise Store
Location New Mexico,United States
Asking Price Range < $250K
Gross Revenues $304500
Net Profit / Cash Flow $52025
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1985
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Personal
Description This convenience store is located in a strip-mall in the midst of a heavily-populated area on Long Island. The seller has owned it for twenty-years. The store has lotto, beer, cigarettes, ATM, coffee & breakfast, etc. The seller, having been running it for twenty years, is ready to sell it. This business gives an excellent opportunity for a couple to run it jointly. The commission in lotto is $4500 a month which covers rent and the other overhead expenses. The seller's net cash flow, after incurring all the expenses, is $4,000 to $4,500 a month. The seller is confident about the financial health of the business, so he is willing to hold a note. A first time business buyer can not pass on this rare business opportunity. Call Syed at 631-374-7686, for more information..
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