Convenience Store for Sale in NY 32250

Not Disclosed, NY
Suffolk County

Suffolk County, Long Island


Asking Price: Annual Revenue:
$375,000 $2,300,000

Food & Beverage: Convenience Stores


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RE: Convenience Store for Sale in NY 32250 Broker: Parser

Quick Facts

Asking Price: $375,000
Annual Revenue: $2,300,000
Net Profit: Not Disclosed
Cash Flow: $170,000
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: $3,000
Year Established: 1984
Employees: 6
BBN Listing #: 28984447
Broker Reference #: 32250

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Business Overview:

A nationally known, franchised convenience store, located on one of the busiest routes on Long Island. Seller owns it for 30 years and wants to retire. The franchised company pays the rent. A new buyer will have to pay the franchise fee which is $200,000. A safe investment, a famous name in the country, and a strong support from the company to teach how to run and how to supervise the business. Seller's net cash flow, after paying all the expenses, is $170,000 a year. A great opportunity for a first time business to be in a nationally-know franchise.


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Reason for Selling:

Retiring

Additional Details:

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

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