Discount Store for sale in Kings County - 33828 Business Type: general merchandise store,misc. retail/non-classifiable,owner financing available,convenience store
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $350,000 | Down Payment | $200,000 |
| Gross Revenues | $1,300,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $190,000 | Number of FT Employees | Register Free to View |
Financing
$200,000 Down and $150,000 for 36 months at 6%
Business Description
This 18-year -old convenience and discount store is situated in a heavily populated area in Brooklyn. Its size is 1900 sq. ft. Its gross sales are $110,000 a month. Rent is just $5,000 with a 15 years lease. This convenience store has inventory worth $170,000, which is included in the asking price. Seller lives in another state, and owns several businesses there; therefore finds it hard to supervise this business. Owner is willing to finance. Seller's net cash flow, after excluding all the expenses, is over $15,000 a month. It is a win-win business opportunity. Do not miss it. Call Syed at 631-374-7686 for more information.
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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.
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