This beautifully-located convenience store is situated on one of the busiest roads on Long Island. Rent is $2800 a month; its size is 1800 Sq.ft. Its lotto earns $112,000 a year in commission; Western Unions makes $36,000 a year in commission. It has no beer and cigarettes; as a new buyer adds these items, the revenues will increase, tremendously. Check cashing and bill payment should also be introduced.
It is a 100% absentee owner business; the seller has a steady job in a laboratory, so it is hard for him to monitor the business daily. It is a neighborhood store; one can imagine from the earnings of lotto and Western Union, that the foot traffic is huge, so is the business. If a new buyer wants to work by himself, then this is the best business for him. The seller's net cash flow, after paying all the expenses, is 0ver $90,000 a year. Seller's financing is also available. Call Syed at 631-374-7686 for more information.