Financing: $150,000.00 Down and TBD
Reason for Selling:Wants to pursue another business.
This forty-five years-old business is located on one of the busiest roads in Queens. Rent is just $1700 a month, with a long lease.
Its gross sale is $11,000 a week; lotto earns $2200 a month in commission. It is equipped with lotto, beer, cigarettes, EBT, ATM, breakfast, and lunch, etc.
Its ATM makes $700 a month in commission. As it is near a school, so the business, during school hours, is extremely busy.
Breakfast and lunch also do very well.
The seller owns it for eight years; now he wants to pursue another kind of business.
The seller's net cash flow, after paying all the expenses, is $7,000 to $8,000 a month.
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.