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Business for Sale Summary [Non-Confidential]

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New York County, NY

Business Type: retailing businesses,bakers & confectioners,convenience store,general merchandise store,card shop/stationery store,special situations,absentee business,new to market

Recorded Info

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Non-Confidencial Financial Infomation

  • Asking Price

    $150,000.00

  • Gross Revenues

    $770,000.00

  • Financing

    $ 150,000.00 Down and

  • Owner's Cash Flow

    $81,100.00

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Business Description

This attractively-located convenience store is situated at one of the busiest roads in Manhattan. It is equipped with lotto, beer, cigarettes, newspapers & magazines, coffee, etc. It also sells metro and pre-paid calling cards. The gross sale per each week is $14, 000; the present owner, due to religious reasons, does not want to sell food items. A new owner, due to a great location, may add different kinds of food items. It is a 100% owner absentee business. The lady owner owns it for seven years; now, she wants to move to another state. The seller's net cash flow, after paying all the expenses, is over $80,000 a year. The business is located within the hub of Manhattan, so one can imagine the steady flow of the business. Don't miss this great business opportunity for a person who would like to run by himself. At present, the employees are running the business. The seller is also particular about the proof of funds, before she would like to engage in any negotiation. Call Syed at 631-265-7300for more information and the address.



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.
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Listing Broker

Syed Ahmed

Syed Ahmed

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