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Business for Sale Summary

Convenience Store - 24597

Business Type: card shop/stationery store,retailing businesses,convenience store,entertainment,general merchandise store,misc. retail/non-classifiable
Convenience Store
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Financial Information (non-confidential)

General Information
Asking Price $170,000 Down Payment $170,000
Gross Revenues $575,700 Lease Remaining Register Free to View
Owner’s Cash Flow $125,060 Number of FT Employees Register Free to View


$170,000 Down and

Business Description

This attractively-decorated smoke shop-cum-convenience store is located in a very busy area on Long Island. Rent is only $1540 a month, with favorable terms and conditions on the lease. The smoke shop is well-run and well-maintained. The business has lotto which earns $3,500 to $4,000 a month in commission. The store makes $1,500 a day, in gross sales. The seller's net cash flow, after paying all the expenses, is over $10,000 a month. Inventories are included in the asking price. Because the business is located near many other businesses, the flow of the clientele is steady and continuous. A new owner will really enjoy running this because the overhead expenses are low. Proof of funds is a must. Don't miss this great opportunity, which is for sale at a very reasonable price. Call Syed at 631-265-7300 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.