Busy Variety / Convenience Store For Sale
www.GlobalBX.com
Listing ID:
700181123
Listing Title:
Busy Variety / Convenience Store For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=181123
Industry:
Retail
Industry Segment:
Convenience Stores Retail
Country:
United States
State / Province:
New York
Area
City:
Queens County
Asking Price Range:
$250K - $500K
Gross Revenues:
$900,000
Cash Flow:
$170,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1937
Number of Employees:
6 - 9
Business Description:
This Established Card / Stationary / Gift store was originally opened in 1937 and carries a variety of merchandise to include a large selection of greeting cards, Lotto, stationary, toys, art supplies, small electronics, seasonal merchandise, miscellaneous gifts & convenience items. EASY TO OPERATE. The current owner has been there for 14 years. It is located on a busy street in Queens. The store is 5000 square feet plus basement and the rent is $9400 per month (includes R/E Tax & CAM charges). The Lotto commission alone produces a NET PROFIT of approximately $20,000 annually. In summer this store is busy with beach related merchandise. In the winter months the store is very busy with seasonal and holiday related merchandise. Current inventory is approximately $250,000. The reason for sale is that the owner lives in New Jersey and the commute is too long. The seller will finance up to 50% of purchase price. Please refer to listing number #11415 when inquiring about this opportunity.
« Close this window »