Busy Queens Convenience Store For Sale

www.GlobalBX.com

Listing ID: 700267187

Listing Title: Busy Queens Convenience Store For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=267187

Industry: Food and Beverage

Industry Segment: Other Food and Beverage

Country: United States

State / Province: New York

Area Upstate New York

City: Queens County

Asking Price Range: < $250K

Gross Revenues: $305,000

Cash Flow: $72,505

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2006

Number of Employees: 1 - 3

Business Description:
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.



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