Convenience Store in Queens County, NY - 31197

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$130,000 $473,500

Food & Beverage: Convenience Stores


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RE: Convenience Store in Queens County, NY - 31197 Broker: Syed Ahmed

Quick Facts

Asking Price: $130,000
Annual Revenue: $473,500
Net Profit: Not Disclosed
Cash Flow: $62,705
Total Debt: Not Disclosed
FF&E: $18,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 63474447
Broker Reference #: 31197

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Business Overview:

This 30 years old convenience store is located on an extremely busy road in Queens. The area is heavily commercial and residential. The store has lotto, beer, cigarettes, money gram, news papers, ATM, prepaid calling cards, etc. Lotto makes $5,000 in commission a month. Store earns over $8,000 in gross sale a month. A great location; business is stable because of loyal clientele. Seller financing is available. Seller owns many businesses in Suffolk County, so he finds it hard to supervise, even being an absentee owner. Seller's net cash flow is $5,000 a month. Contact Syed for more information.

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Reason for Selling:

Personal

Additional Details:

  • The property is owned.
  • The owner is not 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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