Bill Pay & Multi Services Business-Nassau - 32855

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$159,000 $178,200

Retail: Non-classifiable


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RE: Bill Pay & Multi Services Business-Nassau - 32855 Broker: Melvin L. Vaz
Owner Financing is Available!
$80,000.00 Down & $79,000 @ 6% over TBD

Quick Facts

Asking Price: $159,000
Annual Revenue: $178,200
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1983
Employees: 1
BBN Listing #: 24144447
Broker Reference #: 32855

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Business Overview:

Bill Pay Center & Multi-Services business for sale. This is very unique opportunity. This is a 950 square feet retail store front that has been established since 1983.They are strictly a bill pay center, offering Western Union, Bill Pay, Money Orders, LOTTO (over one million in gross lotto sales), and an ATM.These services only use up a small amount of space. A new owner can add an insurance office, tax preparation or a 99c store, card store, cell phone store, pharmacy, check cashing, or any type of retail space, except for candy and food. Candy and food are the only lease exceptions, due to another tenant in the strip. In the past year, the business grossed approximately $178,200.00, with a net cash flow of approximately $90,000.00.These figures are all very well-documented. The landlord is will to offer at least a 10-year lease, at a rent of $3,500/month for a qualified tenant. That includes the 950 square feet store and a full 1,200 square feet basement (basement available for additional rent).You can run another business out of the basement, or sublease the space with landlord approval. We are seeking a serious and financially qualified buyer with at least $80,000 in liquid funds to cover the downpayment, inventory ($6,000)and rent security of $7,600. To learn more, please contact Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! Please use email reply button of this ad to contact us.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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