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Business for Sale Summary [Non-Confidential]

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Suffolk County, NY

Business Type: retailing businesses,convenience store,general merchandise store,other eating & drinking places,other food stores,special situations,new to market,seller financing available

Recorded Info

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Non-Confidencial Financial Infomation

  • Asking Price

    $139,000.00

  • Gross Revenues

    $454,000.00

  • Financing

    $ 139,000.00 Down and negotiable

  • Owner's Cash Flow

    $77,360.00

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Business Description

This thirty years-old convenience store is located on one of the busiest routes on Long Island. Size of the store is 2000 sq.ft.; rent is just $1975 a month. The store is equipped with lotto, beer, cigarettes, ATM, EBT, coffee, etc. The store sells far fewer cigarettes, than compared to the other merchandise. Sandwiches, wraps, fried chicken, and other food items can be added to increase the sale. Commission from lotto pays the rental amount. The seller has owned it for eight years; the seller is moving to another state. He is willing to accept $50,000 as a down payment; the balance can be paid on a monthly basis. The area is a blend of all kinds of ethnics. The business hours can also be extended to increase the revenues. The seller's net cash flow, after paying all the expenses, is $6,000 to $7,000 a month. Call Syed at 631-374-7686 for more information.



Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Listing Broker

Syed Ahmed

Syed Ahmed

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