Financing: $170,000.00 Down and 40,000 at 7% over 24 Months
Reason for Selling:
This thirty years-old convenience store is located on one of the busiest roads on Long Island.
Rent is just $3100 a month, with a long lease.
The store is laced with lotto, beer, cigarettes, ATM, EBT, Western Union, pre-paid calling cards, numerous cell phone accessories, coffee, etc.
It is a 100% absentee owner business.
The business is a part of a heavily-populated area, so the clientele is always steady, and almost permanent.
It also has a furnished basement, which is used for storing the merchandises.
The seller must sell it, because he is moving to South Carolina. The business earns $35000 a month in gross sales.
The seller's net cash flow, after paying all the expenses, is $7,000 to $8,000 a month.
A first-time business buyer must buy this profitable business, which is situated at a great location.
There are several Nassau county government offices like courts, main Hub of long Island Bus depo and more than 1000 car public parking.
There is big project under review in planning department for 400 -500 renting apartments will be build on public parking.
Daily Labors standing area, because this location on Main Street of Nassau county public sector there are several annually marching and ethnic walk take place.
This location was known as lucky store for lotto due to first lotto store.
Please call 1-877-735-5224 for further 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 firstname.lastname@example.org or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.