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Business for Sale Summary

Bill Pay & Multi Services Business-Nassau County - 32855

Business Type: convenience store,general merchandise store,misc. retail/non-classifiable,misc. servicel/non-classifiable,must sell/drastic price reduction!,other business services,other personal services,professional services,seller financing available,wireless & mobile phone,banking, lending, and finance
Bill Pay & Multi Services Business-Nassau County
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This business has received 63 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $159,000 Down Payment $80,000
Gross Revenues $178,200 Lease Remaining Register Free to View
Owner’s Cash Flow $90,000 Number of FT Employees Register Free to View


$80,000 Down and $79K @ 6% over TBD

Business Description

Bill Pay Center & Multi-Services business for sale. This is very unique opportunity. This is a 950 sq. ft. retail store front that has been established since 1983. They are strictly a bill pay center, offering Western Union, Bill Pay, Money Orders, LOTTO (over one million in gross lotto sales), and an ATM. These services only use up a small amount of space. A new owner can add an insurance office, tax preparation or a 99c store, card store, cell phone store, pharmacy, check cashing, or any type of retail space, except for candy and food. Candy and food are the only lease exceptions, due to another tenant in the strip. In the past year, the business grossed approx. $178,200.00, with a net cash flow of approx. $90,000.00. These figures are all very well-documented. The landlord is will to offer at least a 10-year lease, at a rent of $3,500/month for a qualified tenant. That includes the 950 sq. ft. store and a full 1,200 sq. ft. basement (basement available for additional rent). You can run another business out of the basement, or sublease the space with landlord approval. We are seeking a serious and financially qualified buyer with at least $80K in liquid funds to cover the downpayment, inventory ($6k) and rent security of $7,600. To learn more, please call or email Mel Vaz today at 877-735-5224 All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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.