Financing: $80,000.00 Down and 7% over 48 months
Reason for Selling:100% absentee
This twenty five years old convenience store is located on one of the busiest roads in Queens.
The area is heavily commercialized; the walking traffic is unstoppable, so the business is great.
The store has lotto, beer, cigarettes, money gram, ATM, cards & gifts, etc.
Only lotto makes $65,000 in commission a year;
money gram earns $15,000 a year in commission.
Rent is just $3,000 a month, with 10 years lease; its size is 1700 sq. ft.
Seller has a full-time job with a hospital, so he is unable to focus on this business.
He is willing to finance, with 50% as a down payment.
A great opportunity for a couple who want to run by themselves. Seller's net cash flow, after paying all the expenses, is $6,000 a month.
Call Syed at 1-877-735-5224 for more information.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.