Thirty Yr. Old C-Store - 26866 Business Type: convenience store,card shop/stationery store
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $70,000 | Down Payment | $70,000 |
| Gross Revenues | $225,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $56,200 | Number of FT Employees | Register Free to View |
Financing
$70,000 Down and
Business Description
This thirty years old convenience-cum- cards & gifts store is located in a very busy strip mall on Long Island.
Seller owns it for twenty years; now he is old and wants to retire. Even his physical fragility is hampering the daily running of the business.
Business earns $5,000 a month in lotto commission, not to mention of the sale of the other items. Adding beer and EBT will be a boon for the business, which would not cost anything to a new buyer.
Seller's net cash flow, after paying all the expenses, is $4500 to $5000 a month, and he is is just selling it for $70,000.
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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.
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