Discount Store - 24691 Business Type: apparel and accessory store,convenience store,card shop/stationery store,general merchandise store,misc. retail/non-classifiable,absentee business,owner financing available
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $165,000 | Down Payment | $165,000 |
| Gross Revenues | $500,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $150,000 | Number of FT Employees | Register Free to View |
Financing
$165,000 Down and No terms
Business Description
PRICE REDUCTION!! Nassau County Discount 99 cent and up store money maker which has been family owned for more than 18 years. This bright clean store is completely stocked with items for 99 cents & up items up to $10.00 Here you can find great bargains on everything from aluminum pans cosmetics to flower pots. Other items include kitchen utensils, cards, balloons and gift bags. VERY PROFITABLE. This fantastic store is located in a very busy well known shopping center with anchor tenants and unlimited parking. Seller is in his 70s and retiring but will train he .This store is 2600 sf with a 2600 sf basement sale New ten years lease full staff in place.Seller priced this to sell but seller must provide there own financing. Nets $150K YEARLY!!! ASKING $165K .Inventory not included and will be paid dollar for dollar on wholesale cost Includes stock room large office 2 basements security and video surveillance and much more. Hurry A plus listing must see easy to learn. Seller nets $125k after payroll husband wife team can cut pay roll and earn a lot more cash flow. Work under 25 hours a week and earn $125k nice cash flow. Located in large busy shopping center rent includes tax and cam Contact broker Jim Aloi 1-877-735-5224
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.
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