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This Business has been Sold!
Closing Date: 11/21/2024
Broker: Syed Ahmed
Business for Sale Summary

Convenience Store for Sale in New York - 36286

Business Type: card shop/stationery store,misc. retail/non-classifiable,smoke shop/tobacconist,convenience store
Sold
Convenience Store for Sale in New York
On November 21st 2024, 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 $130,000 Down Payment $130,000
Gross Revenues $1,201,000 Lease Remaining Register Free to View
Owner’s Cash Flow $55,000 Number of FT Employees Register Free to View

Financing

$130,000 Down and

Business Description

A 1100 sq. ft. convenience store with smoke shop items is located in a small storefront in Suffolk County, New York. The business is 40 years old. Rent is $1250 with a long lease. Lotto earns $100,000 a month in gross sales. The seller has owned it for 15 years . The business is located in a commercial area with 200 fully occupied offices across the street, making it the only business catering to their needs. Due to religious reason the seller did not want to sell beer and other items. A great opportunity to convert the business into a full-fledged smoke and to add beer. Call Syed Ahmed at 631-374-7686 for more information.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.