Convenience Store For Sale in Queens County, NY
Asking Price: | $150,000 |
Gross Revenue: | $525,000 |
FF&E: | $60,000 |
Cash Flow: | $51,000 |
Inventory: | $40,000 |
Established Year: | 1989 |
LISTING ID # 35131
This convenience store is located in the midst of a very busy neighborhood in Queens. The seller owns it for 20 years; wants to retire. The lotto does $8,000 a month in commission; ATM makes $900 a month in commission. The store is laced with lotto, beer, electronic cigarette, vape, etc. Three partners own it, but they have developed some serious differences; now they have decided to sell the business. A great opportunity for a new buyer who wants to run by himself. The seller's net cash flow, after paying all the expenses, is $50,000 a year. To learn more, please contact the broker.