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This Business has been Sold!
Broker: Syed Ahmed
Business for Sale Summary

Convenience Store - 24614

Business Type: convenience store,delicatessen/catering services,general merchandise store,other eating & drinking places,owner financing available
Sold
Convenience Store
On , The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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 $425,000 Down Payment $275,000
Gross Revenues $1,216,500 Lease Remaining Register Free to View
Owner’s Cash Flow $184,780 Number of FT Employees Register Free to View

Financing

$275,000 Down and TBD

Business Description

This fifteen-years old convenience store & deli is located on one of the busiest roads on Long Island. Its size is 2400 sq.ft., with a free standing building, having its own parking space, with an excellent exit and entrance facility for the cars. The business is equipped with lotto, cigarettes, beer, EBT, ATM, breakfast and lunch, etc. Breakfasts and lunches do very well, and the same is true with other merchandises. The business's gross sale per day is over $3,000. Location is excellent, and gives an impression of a 7/11 store. The seller's net cash flow, after meeting with all the expenses, is over $15,000 a month. The seller wants to sell it, because he is moving to another state. He is willing to finance, only in a limited way, to a buyer, with a good credit history. Don't miss this money-making business at a very very reasonable price. Call Syed at 631-374-7686 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.