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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Busy Variety / Convenience Store For Sale

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $900000
Net Profit / Cash Flow  $170000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1937
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Reason for Sale  Retirement
Description  This Established Card / Stationary / Gift store was originally opened in 1937 and carries a variety of merchandise to include a large selection of greeting cards, Lotto, stationary, toys, art supplies, small electronics, seasonal merchandise, miscellaneous gifts & convenience items. EASY TO OPERATE. The current owner has been there for 14 years. It is located on a busy street in Queens. The store is 5000 square feet plus basement and the rent is $9400 per month (includes R/E Tax & CAM charges). The Lotto commission alone produces a NET PROFIT of approximately $20,000 annually. In summer this store is busy with beach related merchandise. In the winter months the store is very busy with seasonal and holiday related merchandise. Current inventory is approximately $250,000. The reason for sale is that the owner lives in New Jersey and the commute is too long. The seller will finance up to 50% of purchase price. Please refer to listing number #11415 when inquiring about this opportunity.
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