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Business for Sale

Manhattan Convenience Store
New York County, NY

Listing #21760

   
Financial Information (non-confidential)
Asking Price $150,000.00 Gross Revenues $770,000.00
Down Payment $150,000.00 Owner’s Cash Flow $81,100.00

Financing: $150,000.00 Down and

Reason for Selling:The lady seller wants to move to another state.

This attractively-located convenience store is situated at one of the busiest roads in Manhattan. It is equipped with lotto, beer, cigarettes, newspapers & magazines, coffee, etc. It also sells metro and pre-paid calling cards. The gross sale per each week is $14, 000; the present owner, due to religious reasons, does not want to sell food items. A new owner, due to a great location, may add different kinds of food items. It is a 100% owner absentee business. The lady owner owns it for seven years; now, she wants to move to another state. The seller's net cash flow, after paying all the expenses, is over $80,000 a year. The business is located within the hub of Manhattan, so one can imagine the steady flow of the business. Don't miss this great business opportunity for a person who would like to run by himself. At present, the employees are running the business. The seller is also particular about the proof of funds, before she would like to engage in any negotiation. Call Syed at 631-265-7300for more information and the address.
Syed Ahmed
Senior Business Broker
631-374-7686
sahmed@vestedbb.com
Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Syed Ahmed

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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