Beautifully-Located Convenience Store - 27399 Business Type: owner financing available,convenience store
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $225,000 | Down Payment | $150,000 |
| Gross Revenues | $344,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $96,740 | Number of FT Employees | Register Free to View |
Financing
$150,000 Down and
Business Description
This beautifully-located convenience store is situated on one of the busiest roads in Queens.
Rent is $2800 a month; its size is 1800 Sq.ft. the lotto earns $112,000 a year in commission; Western Unions makes $36,000 a year in commission.
The store has beer, cigarettes, ATM,etc. Check cashing and bill payment should also be introduced.
It is a 100% absentee owner business; the seller has several businesses, so it is hard for her to monitor the business.
It is a neighborhood store; one can imagine from the earnings of lotto and Western Union: a heavy foot traffic.
If a new buyer wants to work by himself, then this is the best business for him. The seller's net cash flow, after paying all the expenses, is over $90,000 a year.
Seller's financing is also available. Call the broker for further information at 1-877-735-5224.
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.
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