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Business for Sale Summary

Established Convenience Store in Kings County, NY - 30929

Business Type: convenience store
Established Convenience Store in Kings County, NY
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Financial Information (non-confidential)

General Information
Asking Price $115,000 Down Payment $115,000
Gross Revenues $543,800 Lease Remaining Register Free to View
Owner’s Cash Flow $64,556 Number of FT Employees Register Free to View

Financing

$115,000 Down and

Business Description

This 7/11-type convenience store is located on a busy road in Brooklyn. Its size is 1100 sq. ft. It has lotto, beer, ATM, cigarettes, cigars, newspapers and magzines, coffee & breakfast, etc. Interior is awesome and impressive. The store is very clean, and shelves are nicely organized. It does $12,000 a week in gross sales. Lotto makes over $2,000 a month in commission. The sale of cigarettes makes up just 10% of the gross sale. Seller owns several businesses, and at this location, he is a 100% absentee owner. So, he has decided to sell the business. An excellent location, and a very reasonable price. Call Syed at 631-374-7686 for more information. kg

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.