1. Home
  2. Businesses for Sale
  3. New York
  4. Convenience Store
This Business has been Sold!
Closing Date: 09/17/2020
Broker: Syed Ahmed
Business for Sale Summary

Busy Convenience Store for Sale NY - 32464

Business Type: delicatessen/catering services,general merchandise store,other eating & drinking places,owner financing available,convenience store
Sold
Busy Convenience Store for Sale NY
On September 17th 2020, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.

Financial Information (non-confidential)

General Information
Asking Price $425,000 Down Payment $425,000
Gross Revenues $1,095,000 Lease Remaining Register Free to View
Owner’s Cash Flow $185,000 Number of FT Employees Register Free to View

Financing

$425,000 Down and

Business Description

This 30 year old convenience store & deli is situated in a busy neighborhood on Long Island. Its gross sales are over $ 90,000 a month. Lotto makes $3500 a month in commission. Business has Lotto, beer, cigarettes, ATM, EBT, breakfast, lunch and dinner, etc. It is a free-standing building, with exclusive parking. Seller is facing a serious family situation, which is forcing him to sell the business and seller is willing to finance. Seller's net cash flow, after paying off all the expenses, is over $15,000 a month. An excellent location, very busy neighborhood, and seller financing is there. Do not miss this great business opportunity.

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.