Convenience Store In Attractive Location
Location New York,United States
Asking Price Range < $250K
Gross Revenues $235900
Net Profit / Cash Flow $91460
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Owner is relocating.
Description This attractively-located convenience store for sale is located in the heart of a bustling area on Long Island. Rent is just $1,550 a month, and the owner's discretionary cash flow, after excluding all the expenses, is $7,000 a month. The business earns $3,500 a month in lotto commission. The store has lotto, ATM, beer, breakfast, etc. As it is the only neighborhood store in the area, the business is stable and continuous. Right opposite to the store, a new apartment complex is going to be erected. Furthermore, a theatre, very close to the store, is also going to be expanded, which will bring a bus stop opposite to the store, and it will increase the volume of the business. The owner is also willing to finance! It is a great opportunity for a first time business buyer!
Click Here To Contact Seller
|
|