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This Business has been Sold!
Broker: Syed Ahmed
Business for Sale Summary

Profitable Stationary Store in Suffolk County - 36264

Business Type: gift and specialty retail,smoke shop/tobacconist,convenience store
Sold
Profitable Stationary Store in Suffolk County
On , The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.

Financial Information (non-confidential)

General Information
Asking Price $460,000 Down Payment $460,000
Gross Revenues $2,346,000 Lease Remaining Register Free to View
Owner’s Cash Flow $276,000 Number of FT Employees Register Free to View

Financing

$460,000 Down and

Business Description

A highly profitable convenience store with a smoke shop located in a bustling strip mall on Long Island. The store boasts a significant cash flow and pays a modest rent of just $3,000 per month. It generates impressive lottery sales, totaling $2.6 million annually. Monthly gross sales exceed $60,000, and the ATM alone brings in $950 in commission each month. Beer and smoke shop items are top sellers. Owned by the current seller for over 15 years, this store is situated in a prime location with a lean payroll and substantial revenue. After covering all expenses, the net annual cash flow exceeds $276,000. This is a rare opportunity to acquire such a lucrative business. The seller is looking to transition into a different industry. For more information, contact Syed at 631-374-7686.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.