Established Convenience Store-28586

Nassau County, NY
Nassau County


Asking Price: Annual Revenue:
$210,000 Not Disclosed

Food & Beverage: Convenience Stores


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RE: Established Convenience Store-28586 Broker: Nathan F. Goldstein
Owner Financing is Available!
$170,000.00 Down & $40,000 at 7% over 24 Months.

Quick Facts

Asking Price: $210,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 91314447
Broker Reference #: 28586

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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 $3,100 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 South Carolina. The business earns $35,000 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. There are several Nassau county government offices like courts, main Hub of long Island Bus depo and more than 1,000 car public parking. There is big project under review in planning department for 400 -500 renting apartments will be build on public parking. Daily Labors standing area, because this location on Main Street of Nassau county public sector there are several annually marching and ethnic walk take place. This location was known as lucky store for lotto due to first lotto store. Please contact us for further information.

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Reason for Selling:

Other business interest.

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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