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Business for Sale Summary

Known Convenience Business & Deli for Sale in NY - 34862

Business Type: delicatessen/catering services,owner financing available,convenience store
Owner Financing
Known Convenience Business & Deli for Sale in NY
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This business has received 243 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $250,000
Gross Revenues $960,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and TBD

Business Description

Looking for a well-known convenience store & deli located on a busy Long Island road? Look no further! This convenience store & deli has been owned by the seller for 15 years, earning a gross sale of $20,000 a week, with lotto commission earning $3500 a month. Offering beer, cigarettes, ATM, breakfast, and lunch, this 100% absentee-owned store is an excellent investment opportunity. With a rent of only $4500 a month and a 10-year lease, this convenience store & deli is the only one in the entire neighborhood. The seller's net cash flow, after paying all expenses, is $150,000 a year. The seller has a serious health issue and is willing to finance, making it a great opportunity to own a profitable business. Located near shopping malls, this convenience store & deli has a loyal clientele and an excellent location. Don't miss out on this opportunity! 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.