Convenience Store for Sale in New York
Asking Price: | $240,000 |
Gross Revenue: | $750,000 |
FF&E: | $80,000 |
Cash Flow: | $151,000 |
Inventory: | $25,000 |
Established Year: | 1994 |
LISTING ID # 35861
This 30 year old convenience store is situated on a highly busy area on long island. The rent is $3590 a month, with a 10 years lease. The business has lotto, beer, an ATM, cigars, coffee, breakfast, and more. Lotto earns $5700 in commission every month, while the ATM makes $800 in commission each month. The store's gross sales exceed $55,000 per month. The seller is moving to another state. This is an excellent opportunity for a first-time business buyer. After paying all the expenses, the seller's net cash flow, is over $150,000 a year. Call the broker for more information.