Busy and Profitable Convenience Store-26879

Queens County, NY
Queens County

Asking Price: Annual Revenue:
$250,000 $537,500

Food & Beverage: Convenience Stores

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RE: Busy and Profitable Convenience Store-26879 Broker: Syed Ahmed

Quick Facts

Asking Price: $250,000
Annual Revenue: $537,500
Net Profit: Not Disclosed
Cash Flow: $123,095
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 3
BBN Listing #: 47554447
Broker Reference #: 26879

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Business Overview:

In business for 30, this convenience store is located on one of the busiest roads in Queens. It's size is 1,900 square feet. Rent is $4,500. In addition to this, the lotto earns $6,500 a month in commission, which allows the business to pay the rent and part of the pay roll solely of lotto alone. Store has lotto, beer, cigarettes, ETB, ATM, breakfast & lunch, etc. Earns approximately $1,500 a day in the gross sales! The seller's net cash flow, after paying all the expenses, is $10,000 a month. One, who is a first-time business buyer, must buy this business, with rich cash flow.

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Reason for Selling:

Seller is looking to relocate.

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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