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Business for Sale Summary

Convenience Store - 24482

Business Type: retailing businesses,convenience store,general merchandise store,special situations,new to market,business with property available
Convenience Store
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Financial Information (non-confidential)

General Information
Asking Price $225,000 Down Payment $150,000
Gross Revenues $540,592 Lease Remaining Register Free to View
Owner’s Cash Flow $93,569 Number of FT Employees Register Free to View


$150,000 Down and

Business Description

This fifteen year old convenience store is located in one of the busiest neighborhoods on Long Island. Lotto earns 1.3 millions in gross sales each year, as this store is known to be the luckiest one in the town for many lotto players who have won several big prizes. The store is equipped with lotto, beer, cigarettes, cigars, coffee, breakfast, etc. The property is for sale. Its price is $650,000. The property has two tenants; they pay $2900 as rental income per month. The seller's net cash flow, after paying all the expenses, is over $90,000 a year. The business, with property, is in one of the best locations one can think of. Call Syed at 1-877-735-5224 for more information.

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.