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This Business has been Sold!
Closing Date: 09/15/2016
Broker: Syed Ahmed

Business for Sale Summary

Nassau County, NY Convenience Store For Sale - 28342

Business Type: retailing businesses,delicatessen/catering services,general merchandise store,special situations,business with property available,new to market,seller financing available,convenience store
Sold
Nassau County, NY Convenience Store For Sale
On September 15th 2016, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk 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 $1,100,000 Down Payment $600,000
Gross Revenues $1,788,000 Lease Remaining Register Free to View
Owner’s Cash Flow $359,960 Number of FT Employees Register Free to View

Financing

$600,000 Down and

Business Description

This twenty years old drive-through convenience store & deli is located on one of the busiest roads on Long Island. The front gate of the business is also available for the foot traffic. It serves breakfast, lunch, cigarettes, beer, etc. Its weekly gross sale is $35,000 . Seller had built it twenty years ago; now he wants to retire. He is willing to sell the property. As the location is surrounded by several nationally-known retailers, so the business is booming non-stop throughout the day. It is an easy to operate business, with the best profit margin one can imagine. Seller is willing to finance. Seller's net cash flow, after paying all the expenses, is $350,000 a year. The locals call this business as " Cash Cow". Seller will negotiate the rent with a new buyer. Do not buy any other business, just buy this one, and financially relax for the rest of your life. Call 1-877-735-5224 for more information.

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.

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.