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Convenience Store For Sale

7/wk
Queens County, New York, United States
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Asking Price$80,000
Revenue$540,000 Established1986
Cash Flow$89,900 Employees2 full-time
FF&E$20,000 FranchiseNo
Inventory$35,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This thirty-years old convenience store is located on the busiest road in Queens. The store is equipped with lotto, beer, ATM, EBT, cigarettes, etc. Its per week gross sale is $10,000 to $11,000, out of which cigarettes cover only 20%. There is no beer in the neighborhood, so the business makes a decent profit on the sale of beer. Rent is just $2750, with a long lease. If location is the most important, then this store has the best. It is a 100% absentee owner business. The seller has the other two businesses, so he can't focus on this business. The seller's net cash flow, after paying all the expenses, is $6,000 to $7,000 a month. Don't miss this great business opportunity.  Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$80,000.00 Down and TBD
Sale Reason:Absentee owner; unable to run.
Ad #79257
Seller Reference #25034
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