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Businesses For Sale   >>   Catering Services Businesses For Sale

Attractive Convenience Store

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $788000
Net Profit / Cash Flow  $86400
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1971
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train
Reason for Sale  Personal

Description  
This attractively-located convenience store is located at one of the busiest roads in Manhattan. It is equipped with lotto(quick draw), beer, cigarettes, cigars, coffee, newspapers & magazines, etc. It also sells metro and pre-paid calling cards. Only lotto earns $1.5 millions in gross sales a year, relieving the seller of the rent and pay roll. The store makes $14,000 a week in gross sales. It is 100 % absentee owner business. The seller's net cash flow, after paying all the expenses, is between $85,000 to $90,000 a year. The business is located within the hub of Manhattan, so one can imagine the steady flow of the business, having the commercial and residential area close to the business. The seller is attached to one NGO, which forces him to go abroad for several weeks at a time. At present, the employees are running the business. Proof of funds is a must. Call Syed at 1-877-735-5224 for more information.


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