Convenience Store For Sale in Queens County, NY

Queens County, NY
listing image
Asking Price:$150,000
Gross Revenue:$525,000
FF&E:$60,000
Cash Flow:$51,000
Inventory:$40,000
Established Year:1989
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Queens County, NY
Inventory
Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Personal
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd