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Business for Sale Summary

Golden News & Lottery Business for sale in NY - 34270

Business Type: card shop/stationery store,convenience store
Owner Financing
Golden News & Lottery Business for sale in NY
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This business has received 21 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $168,000 Down Payment $148,000
Gross Revenues $279,000 Lease Remaining Register Free to View
Owner’s Cash Flow $95,000 Number of FT Employees Register Free to View


$148,000 Down and $20,000 over 24 months @5%

Business Description

News, Smoke Shop and Convenience Mart now available for purchase. A perfect small business with short hours and lots of potential to increase the business. Current owner has been in business for almost 3 decades. Open only 9 AM to 6 PM currently; New owner could open earlier to satisfy increased demands. Very very safe neighborhood. New LED lights. New owner just needs to provide excellent customer service, increase hours and selection of inventory to make a mint here. High Volume Lottery business and ample walk in foot traffic. CAM is approximately $600 per month above the rent. The lotto commission is $60K per year. This successful business will do much better with a new assertive owner. Hurry! Contact broker Amit Desai today.

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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.