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Business for Sale Summary [Non-Confidential]

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ID:20726

Mega C Store

Suffolk County, NY

Business Type: special situations,best deals!,absentee business,business with property available,retailing businesses,convenience store,delicatessen/catering services,fast food franchise,ice cream parlour,other eating & drinking places,misc. retail/non-classifiable

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Non-Confidencial Financial Infomation

  • Asking Price

    $300,000.00

  • Gross Revenues

    $1,240,000.00

  • Financing

    $ 200,000.00 Down and Business only seller will hold $100K note at current market rate.If buyer buys business and property seller will fiance 50 percent which is $550k

  • Owner's Cash Flow

    $231,500.00

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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 large 2000 foot free standing convenience store has been established for twenty years and is available with or with out property. It is located in an up scale area on a busy route with great exposure near a residential area and lots of businesses. This business is extremely profitable with tons of room to grow. This listing has a 7-11 type look and offers hot coffee, cold beer, ice, ATM and much more. Store operates 60% absentee. If buyer seeks to buy the convenience store with property the total price is $1.1, without property buyer can get new 15 year lease. The price does not include cigarettes but other inventory is included. Please note absentee seller gave up lotto due to employer theft, but lotto sales were over a million when he had it. Seller is looking to reinstate lotto as well as acquire a credit card machine by year end. House located next to business is also available for $500k *Note: more advertising, better signs and more items will greatly increase cash flow!

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