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Business for Sale Summary

Convenience Store for Sale in New York - 35861

Business Type: misc. retail/non-classifiable,other food stores,convenience store
Convenience Store for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $240,000 Down Payment $240,000
Gross Revenues $750,000 Lease Remaining Register Free to View
Owner’s Cash Flow $151,000 Number of FT Employees Register Free to View

Financing

$240,000 Down and

Business Description

This 30 year old convenience store is situated on a highly busy area on long island. The rent is $3590 a month, with a 10 years lease. The business has lotto, beer, an ATM, cigars, coffee, breakfast, and more. Lotto earns $5700 in commission every month, while the ATM makes $800 in commission each month. The store's gross sales exceed $55,000 per month. The seller is moving to another state. This is an excellent opportunity for a first-time business buyer. After paying all the expenses, the seller's net cash flow, is over $150,000 a year. Call Syed at 631-374-7686 for more information.

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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.