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This Business has been Sold!
Closing Date: 12/27/2013
Broker: Rick Murray

Business for Sale Summary

Convenience Store - 24240

Business Type: retailing businesses,convenience store,special situations,absentee business,seller financing available
Sold
Convenience Store
On December 27th 2013, The Undersigned
Acted as the Advisor to the Deal
No Photo
Rick Murray Senior Broker
Servicing: This Broker is Servicing All of AL, AR and MS
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 $175,000 Down Payment $100,000
Gross Revenues $690,000 Lease Remaining Register Free to View
Owner’s Cash Flow $101,600 Number of FT Employees Register Free to View

Financing

$100,000 Down and Negotiable

Business Description

This drive-through convenience store is located on one of the busiest roads on Long Island. The store is equipped with beer, cigarettes, cigars, candies, coffee, breakfast, and many other items. It is a twenty years-old store, and needs one employee at a time to run it. It per day gross sale is $2, 000; its clienteles are steady, and come to store regularly as drive-through is easy and simple. The surrounding area is commercial; it is a 100% absentee owner business. The seller owns several businesses, so he finds it hard to supervise it. He is willing to finance. The seller's net cash flow, after paying all the expenses, is $8,000 to $9,000 a month. If one wants to own a business, and one wants an easy-to-run operation, then buy this one. Call Syed at 1-877-735-5224 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.