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Businesses For Sale   >>   Absentee Businesses For Sale   

Convenience Store - Absentee Owner

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $450000
Net Profit / Cash Flow  $89900
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1990
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will provide training
Reason for Sale  Personal

Description  
This thirty-years old convenience store is located on the busiest road in Queens. The store is equipped with lotto, beer, ATM, EBT, cigarettes, etc. Its per week gross sale is $10,000 to $11,000, out of which cigarettes cover only 20%. There is no beer in the neighborhood, so the business makes a decent profit on the sale of beer. Rent is just $2750, with a long lease. If location is the most important, then this store has the best. It is a 100% absentee owner business. The seller has the other two businesses, so he can't focus on this business. The seller's net cash flow, after paying all the expenses, is $6,000 to $7,000 a month. Don't miss this great business opportunity. Call Syed at 631-374-7686 for more information.


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