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Businesses For Sale   >>   Catering Services Businesses For Sale

Convenience Store

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $491500
Net Profit / Cash Flow  $62995
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1973
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller Will train
Reason for Sale  Personal

Description  
This convenience store-cm-deli is located on one of the busiest roads in Queens. Rent is just $1200 a month, with a twenty-year lease. Size of the store is 1000 sq.ft. The business earns $2,000 a month, in commission, so the rental amount, and the other expenses are paid, through the lotto income. The store is laced with lotto, cigarettes, Atm, coffee, breakfast & lunch, along with the other items. It has a liquor license to sell beer, but the seller, due to his religious reason, does not want to sell beer and pork. Even with these two missing items, the gross sale is $1300 a day. The seller, because of his religious restrictions, must sell the business. He is willing to finance as well. His net cash flow, after paying all the expenses, is $5,000 a month. It is also an absentee owner business. This is only one store in the neighborhood. Call Syed at 631-374-7686 for more information.


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