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Financing: $375,000.00 Down and Negotiable Reason for Selling:The seller is extremely ill Suffolk County market-type convenience store, established & owned almost 20 years by same owner. This store sells groceries, Boars Head meats and sandwiches, cold beer & soda, and much more. There is also a separate section for ice cream and Italian ices, with a serving window. Business includes all stock, except lotto. There are no other food stores in the area to compete with. There is a separate living quarters for the owner or manager as well. Great location to build 7/11 and Dunkin Donuts. Located near the water with plenty of boats and hundreds of homes. This store opens 5:30am and closes at 10:00pm, but it can be open 24 hours and still do very well. Buyer can open all night and add bait & tackle, offer hot dogs & burgers, or pizza & fried chicken. The sky is the limit!
This very profitable business is offering a ten year lease with a very reasonable rent, or it can be purchased with property for an additional $850,000. Price for business with property would be $1.3 for all. Includes $1800 income for apartments. This store also has 2 apartments above store with $2000 per month rent. Property tax only $6k per year.
Tax returns for the last 3 years show over $800k. BUYERS MUST PRESENT PROOF OF FUNDS, SELLER WILL HOLD NOTES!
Buyer must have at least $300k down for business or at least $500k down for business & property.
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. |
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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. |
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1(877) 735-5224 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com |