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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