Convenience Store Across Street From Train Station
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $780000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale Moving.
Description Asking: $330,000. Gross: $780,000. Cash Flow: $150,000. Furniture, Fixtures & Equipment: $40,000. Inventory: $20,000 (not included in price). Great, clean convenience store across the street from a major Metro-North station. Owner works 40 hours and is not behind the register. A full complement of employees exist. The store sells drinks, beer, cigarettes, lotto, fresh deli sandwiches etc. Location, Location. Full basement with additional coolers and an office. The store is open M-F from 6am to midnight and on weekends from 7am to midnight. Busy weeks are $17k and slow weeks are $13k per week in sales.
Facilities: Right across the street from a Metro-North train station. Well maintained store with surveillance system etc. Bright and Airy, not cramped. Good nearby parking on the street and a parking lot. Small grill and sandwich area to support deli items. Four years left on the lease but the owner is discussing an option to renew with the landlord.
Growth and Expansion: The business sublets a separate space to a tenant. You can use this 700 square feet to expand.
Support/Training: As needed.
Reason Selling: Moving.
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