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This Business has been Sold!
Closing Date: 09/06/2012
Broker: Syed Ahmed

Business for Sale Summary

Convenience Store - 21891

Business Type: bakers & confectioners,convenience store,delicatessen/catering services,general merchandise store,other eating & drinking places,other food stores,supermarket,new to market,seller financing available
 Convenience Store
On September 6th 2012, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $199,000 Down Payment $150,000
Gross Revenues $404,400 Lease Remaining Register Free to View
Owner’s Cash Flow $90,380 Number of FT Employees Register Free to View


$150,000 Down and 49k at 8% over 24 months

Business Description

This forty years old convenience store- cum- deli is located on one of the busiest roads, in Nassau County. The business is a part of a shopping area that attracts clientele of all kinds. The business is equipped with lotto, beer, cigarettes, ATM, EBT, etc. The business also sells breakfast and lunch. As the business is right behind a bus stop, so the early-morning rush on buying coffee by the commuters, who are waiting for the buses, gives a nice start, with a decent cash flow, to the business. Sells 150 cups of coffee during breakfast time.The seller also has a permit to drink beer on the premises, so the clientele, while having their lunch, may drink beer. It has a furnished basement, which is used as a seating area for the clientele to eat and drink. Rent is just $2300 a month. The seller's net cash flow, after paying all the expenses, is $8,000 a month. Don't miss this great business opportunity in which the seller is willing to finance. Call Syed at 631-374-7686 for more information.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.