Convenience Business For Sale in NY

Suffolk County, NY
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Asking Price:$450,000
Gross Revenue:$950,000
FF&E:$75,000
Cash Flow:$180,000
Inventory:$50,000
Established Year:1974
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested Business Brokers, Ltd