Convenience Store - Great Location
Location New York,United States
Asking Price Range < $250K
Gross Revenues $730000
Net Profit / Cash Flow $106692
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Owner is relocating.
Description This attractively-located convenience store, with property, is located on one of the main, and busy roads in Nassau County. The net cash flow from the store is $100,000 a year; its two apartments earn $1600 and $1100 a month as rental income, respectively, each month. The tax on the property is $17,000 a year. The store has lotto, beer, cigarettes, and many others... Its location, the age of the store, and an opportunity to buy with property make it a great deal for a person, who, instead of paying rent, pays mortgage on the property, which will enable him to build equity as time goes by. Don't pass up this opportnity to buy business with property! Contact Syed today for more information on this Convenience Store for sale.
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