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Asking Price$170,000
Revenue$491,500 Established1972
Cash Flow$62,995 Employees2 full, 2 part
FF&E$30,000 FranchiseNo
Inventory$25,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This convenience store-cm-deli is located on one of the busiest roads in Queens. Rent is just $1200 a month, with a twenty-year lease. Size of the store is 1000 sq.ft. The business earns $2,000 a month, in commission, so the rental amount, and the other expenses are paid, through the lotto income. The store is laced with lotto, cigarettes, Atm, coffee, breakfast & lunch, along with the other items. It has a liquor license to sell beer, but the seller, due to his religious reason, does not want to sell beer and pork. Even with these two missing items, the gross sale is $1300 a day. The seller, because of his religious restrictions, must sell the business. He is willing to finance as well. His net cash flow, after paying all the expenses, is $5,000 a month. It is also an absentee owner business. This is only one store in the neighborhood. Call Syed at 631-374-7686 for more information.
Training/Support:seller will train
Seller Financing:$100,000.00 Down and Negotiable
Sale Reason:The seller, due to some religious reasons, must sell it.
Ad #33828
Seller Reference #22266
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Contact This Seller
Syed Ahmed
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