Thirty Yr. Old Convenience Store - 27941

Not Disclosed, NY
Nassau County

Nassau County


Asking Price: Annual Revenue:
$220,000 $587,000

Food & Beverage: Convenience Stores


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RE: Thirty Yr. Old Convenience Store - 27941 Broker: Vested

Quick Facts

Asking Price: $220,000
Annual Revenue: $587,000
Net Profit: Not Disclosed
Cash Flow: $85,340
Total Debt: Not Disclosed
FF&E: $2,500
Real Estate: Not Disclosed
Year Established: 1989
Employees: 3
BBN Listing #: 17914447
Broker Reference #: 27941

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Business Overview:

This thirty years-old convenience store is located on one of the busiest roads on Long Island. Rent is just $2900 a month, with a long lease. The store is laced with lotto, beer, cigarettes, ATM, EBT, Western Union, pre-paid calling cards, numerous cell phone accessories, coffee, etc. It is a 100% absentee owner business. The business is a part of a heavily-populated area, so the clientele is always steady, and almost permanent. It also has a furnished basement, which is used for storing the merchandises. The seller must sell it, because he is moving to North Carolina. The business earns $45000 a month in gross sales. The seller's net cash flow, after paying all the expenses, is $7,000 to $8,000 a month. A first-time business buyer must buy this profitable business, which is situated at a great location. It is 100% absentee owner business. Call 877-735-5224 for further information.

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.

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Reason for Selling:

Move into another state.

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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