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Business for Sale Summary

Nassau County, NY Thirty Yr. Old Convenience Store - 28405

Business Type: retailing businesses,delicatessen/catering services,misc. retail/non-classifiable,other eating & drinking places,other food stores,convenience store
Nassau County, NY Thirty Yr. Old Convenience Store
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Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $175,000
Gross Revenues $590,000 Lease Remaining Register Free to View
Owner’s Cash Flow $71,600 Number of FT Employees Register Free to View

Financing

$175,000 Down and

Business Description

This thirty years old convenience store is located on one of the busiest roads on Long Island. In the past, it was a 7/11, but now the seller is running for over 12 years as a non 7/11. Its outlook is exactly the same as looks like a 7/11; 2600 sq. ft.; quick draw(lotto), free standing building, with its own parking space. It sells lotto, beer, cigarette, ATM, and many other merchandises. It is a 100% absentee owner business as the seller owns three other businesses in Manhattan, so physically, he is unable to run this one. A great opportunity for a person, who is going to run by himself. Seller's net cash flow, after paying all the expenses, is $6,000 a month. 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 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.