Lotto And Convenience Store For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $360000
Net Profit / Cash Flow $90000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1985
Number of Employees 1 - 3
Inventory 25000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 1 week.
Reason for Sale Moving out of state.
Description This lotto and convenience store is located on one of the main highways on Long Island. The size of the store is 1,300 square feet, with an excellent and impressive interior decoration. The store earns $8,000 a month in cash, through lotto commission. Rent, including real taxes, is just $3,100 a month. The lease also permits a new owner to add beer, if he or she desires to do so. The surrounding area is one of the most affluent areas on Long Island. Net profit, after excluding all the expenses, is $7,000 a month. The store has its own parking pace. The business is 25 years old. A new buyer will be buying a stable business with a guaranteed cash flow. Don't pass up this great business opportunity located in a very well-to-do neighborhood. Asking $220,000. Contact for more information on this Convenience Store for sale. 516 655 2509
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