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This Business has been Sold!
Closing Date: 10/07/2021
Broker: Syed Ahmed
Business for Sale Summary

Profitable C-Store & Real Estate for sale in NY - 34205

Business Type: business with property available,convenience store,owner financing available,delicatessen/catering services
Sold
Profitable C-Store & Real Estate for sale in NY
On October 7th 2021, 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 $500,000 Down Payment $350,000
Gross Revenues $1,625,000 Lease Remaining Register Free to View
Owner’s Cash Flow $325,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and $150,000 financed at 6% for 36 months

Business Description

This 20 year old convenience store and deli is located in a very prosperous neighborhood on Long Island. The seller is selling it with property. The property is priced at an additional $550,000. Business's gross sales are $33,000 a week and has it's own parking lot. Store sells lotto, beer, cigarettes, ATM, breakfast & lunch, etc. The seller is willing to finance and also willing to hold a mortgage. The two partners own it, but an internal rift is forcing them to sell the business. The price for the business and property together is $1,050,000.00. IMPORTANT : The town will not issue another permit for a deli & convenience store in this area except this one: no competition at all. Do not miss this great business opportunity . 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 registration@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.