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Busy Queens Convenience Store For Sale
Location: United States -> New York -> Upstate New York -> Queens County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

This twenty five years old convenience store is located on one of the busiest roads in Queens. The area is heavily commercialized; the walking traffic is unstoppable, so the business is great. The store has lotto, beer, cigarettes, money gram, ATM, cards & gifts, etc. Only lotto makes $65,000 in commission a year; money gram earns $15,000 a year in commission. Rent is just $3,000 a month, with 10 years lease; its size is 1700 sq. ft. Seller has a full-time job with a hospital, so he is unable to focus on this business. He is willing to finance, with 50% as a down payment. A great opportunity for a couple who want to run by themselves. Seller's net cash flow, after paying all the expenses, is $6,000 a month. Call Syed at 631-374-7686 for more information.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $305,000
Cash Flow:   $72,505
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $39,000
Seller Financing:  Yes

About The Business

Year Established:  2006
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will train.
Reason For Selling:  Other obligations.

Photos

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Busy Queens Convenience Store For Sale Photo 1




Print Listing Id: 700267187
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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