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Business for Sale Summary

Branded Convenience Store for sale in NY - 34319

Business Type: convenience store
Branded Convenience Store for sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $175,000
Gross Revenues $560,000 Lease Remaining Register Free to View
Owner’s Cash Flow $115,000 Number of FT Employees Register Free to View

Financing

$175,000 Down and

Business Description

A 2300 sq. ft.convenience store is located on a very busy road in Westchester County in NY. NO RENT UNTIL January 2023; after that, the monthly rent will be $1500 a month, with a 15 years lease. The convenience store has a rental income of $2150, a deli and 2 bed rooms apartment:1500 and $650, respectively. The store is equipped with lotto, beer, cigarettes, cigars, ATM, air pump, vacuum, coffee ,etc. Lotto is extremely busy; earns $7600 a month in commission; ATM makes $900 a month; vacuum gets $350 a month.The store sells 100 cups of coffee, during the morning hours. The store's gross sale is $35,000 a month. An excellent location, no rent at all until January, 2023. A very busy lotto; do not miss this great business opportunity. The seller's net cash flow, after paying all the expenses, is $115,000 a year. Call Syed at 631-374-7686 for more business.

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.