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Business for Sale Summary

Discount Store for Sale in Queens County, NY - 29372

Business Type: card shop/stationery store,convenience store,general merchandise store
Discount Store for Sale in Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $275,000
Gross Revenues $836,800 Lease Remaining Register Free to View
Owner’s Cash Flow $94,542 Number of FT Employees Register Free to View

Financing

$275,000 Down and

Business Description

This 99 cent store is located on one of the busiest roads in Queens. Under current ownership for over 8 years, the owner's domestic situation has forced her to sell. The size is 5500 sq. ft. Inventory is worth over $200,000, and is included in the asking price. Beer, lotto and cigarettes can be added to increase revenues. The surrounding area is heavily-populated. There is tons of walk-in traffic. Monthly gross sales are $70,000. Seller's net cash flow, after paying all the expenses, is around $8,000 a month. Call Syed at 1-877-735-5224 for more information.

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.