Absentee Owned Convenience Store For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $600000
Net Profit / Cash Flow $201540
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 Other business interests.
Description This uniquely - located smoke and convenience store for sale is located in a very busy shopping mall on Long Island. Its lotto earns more than $200,000 in gross sales, which means over $12,000 a month in lotto commission. Its store makes $50,000 in gross sale a month; it has beer, cards, breakfast, cigars, cigarettes, etc. A net cash flow for a new owner, excluding all the expenses, will be $200,000 a year. It is important to note that it is an absentee owner business; therefore, a new owner, with his / her personal supervision, will earn far more cash flow than the present one. The owner is willing to finance to a qualified buyer. Don't miss this money making machine!
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