High Volume Stand Alone Convenience Store For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $764000
Net Profit / Cash Flow $214438
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1983
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller Will train
Reason for Sale Personal
Description High Volume Stand Alone Convenience Store. Located on a very busy road in a South Shore town, this business has been family owned and operated for 26 years. They have parking for over 20 cars in their own lot ( part of the lot is rented out for an income of $500/mth.). Within 1,800 sq. ft. they offer a deli and c-store with an electric grill for breakfast and lunch. Gross LOTTO sales were approximately $1.3 million in 2011 with a commission of $78,000.00. Qualified buyers can get a 10 year lease (5 5 opt.) with the first right of refusal on the property. Gross Sales in 2011 (excluding LOTTO and Cigarettes) were approximately $780,000.00 with a total Net (incl. LOTTO and Cigarettes) of approx. $218,438.00. We are looking for a serious and financially qualified buyer with at least $450K in liquid capital to cover the downpayment, inventory (approximately $60K above asking price), deposits and working capital. If you fit these criterion, please call or email Mel Vaz now at 631-909-1095
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