Convenience Business For Sale in NY
Asking Price: | $450,000 |
Gross Revenue: | $950,000 |
FF&E: | $75,000 |
Cash Flow: | $180,000 |
Inventory: | $50,000 |
Established Year: | 1974 |
LISTING ID # 34898
A 50 year old market type convenience store is located in a busy location in Suffolk County, New York. The seller owns it for 30 years; wants to retire. Lotto makes $110,000 in commission a year; this convenience store does over $70,000 a month in gross sales. Because of the seller's personal situation, the seller has reduced the store hours a lot: closes at 9pm. The business has lotto(Quick Draw too), beer, cigarettes, vape, ATM, breakfast & lunch, etc. The business has its own parking facility. A very attractive location, a long lease, and loyal clientele over a period of 30 years. The seller's net cash flow, after paying all the expenses, is $180,000 a year.