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ID:20054

Grocery Store

Suffolk County, NY

Business Type: retailing businesses,convenience store,delicatessen/catering services,general merchandise store,other eating & drinking places,other food stores,supermarket

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Non-Confidencial Financial Infomation

  • Asking Price

    $80,000.00

  • Gross Revenues

    $160,250.00

  • Financing

    $ 40,000.00 Down and negotiable

  • Owner's Cash Flow

    $11,612.00

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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.

Business Description

This convenience store-cum 99 cents store is located on one of the busiest roads on Long Island. The road in front of the store leads to a beach, which gives an ample opportunity for this business to grow. The business is only eighteen-months old, but the seller has another business, so he is unable to run this one. The size of the store is 3600 sq.ft. and has its own parking lot. The business has its own free standing building, also. A shrewd and venturesome buyer can turn this business into a 7/11 type store, or a very busy 99cents store. The business is equipped with beer, cigarettes, EBT, and etc, but no lotto. The seller, with just $40,000 as a down payment, is willing to hold a note because he is desperate to sell the business. If you know how to make a business turnaround, then call Syed at 631-374-7686, for more information.

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