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Business for Sale Summary

Long Standing Convenience Store for sale in NY - 34372

Business Type: delicatessen/catering services,seller financing available,convenience store
Owner Financing
Long Standing Convenience Store for sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $310,000 Down Payment $150,000
Gross Revenues $810,000 Lease Remaining Register Free to View
Owner’s Cash Flow $145,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and $160k at 7% for 60 months

Business Description

A 30 years old convenience store & deli, 3800 sq. ft. in size, on a stand alone building, with its own parking space, is located in a crowded neighborhood on Long Island. Rent is just $4,000 a month, with a 10 years lease. The business has lotto, beer, cigarettes, cigars, ATM, EBT, breakfast & lunch, and many other merchandises. Its yearly gross sale is over $800,000. Lotto makes over $30,000 in commission a year. The seller has a serious family situation, and has to go back to his native country for good. The seller is willing to finance, and is offering a generous financing terms and condition. The seller's net cash flow, after paying all the expenses, is over $145,000 a year. It is a "DO NOT MISS 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 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.