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Large Discount Store For Sale
Location: United States -> New York -> Suffolk County
Industry: Retail > Convenience Stores Retail




Business Summary

This Very Profitable and Large Discount Bargain Store is a huge bargain in and of itself -- asking only $499,000, with more than $325,000 in owner's discretionary cash flow. Real estate taxes, trash and snow removal are all included in the $13K/month rent for 6,500 square feet. The seller and his wife put all of their children through college and were able to save for their retirement with the money they made from this store. As it is, they are able to run the store on a semi-absentee basis now. Inventory is Not Included in the Asking Price. You would be wise to do some advertising and cultivate a social media presence. Please call 1-877-735-5224 for further information about this business.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,190,500
Cash Flow:   $276,075
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2003
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will provide training.
Reason For Selling:  Seller would like to retire.

Photos

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Large Discount Store For Sale Photo 1 Large Discount Store For Sale Photo 2 Large Discount Store For Sale Photo 3




Print Listing Id: 700233983
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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