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This Business has been Sold!
Closing Date: 08/28/2020
Broker: Syed Ahmed
Business for Sale Summary

C-Store and Deli for sale in Suffolk County - 33450

Business Type: business with property available,delicatessen/catering services,owner financing available,convenience store
Sold
C-Store and Deli for sale in Suffolk County
On August 28th 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 $380,000 Down Payment $250,000
Gross Revenues $1,350,000 Lease Remaining Register Free to View
Owner’s Cash Flow $184,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and $130,000 at 6% for 24 months

Business Description

A 25 years old Convenience Store & Deli, 3800 sq. ft. in size, on a stand alone building, has its own parking space. Located in a crowded neighborhood on Long Island. It grosses $3500 a day; Saturday and Sunday over $4500 in gross sale. Lotto earns $4800 a month in commission. Rent is just $4,000 a month. Seller owns it with property; willing to sell the property too. The business has lotto, beer, cigarettes, cigars, ATM, EBT, deli, etc. Seller has owned it for 15 years. Seller has developed some personal issues; willing to finance. One will enjoying owning and running it as it is a very profitable business. Seller's net cash flow, after paying all the expenses, is over $15,000 a month. Call Syed at 631-374-7686 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.