Big 2,500 sf convenience store for sale

Shirley, NY
Suffolk County

Convenience Store on Major road for sale

Asking Price: Annual Revenue:
$130,000 Not Disclosed

Food & Beverage: Convenience Stores

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RE: Big 2,500 sf convenience store for sale Broker: Jose Pagan

Quick Facts

Asking Price: $130,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 948556097
Broker Reference #: 600 NYL

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Business Overview:

2,500 Square Feet Convenience Store With Long Lease Low Rent for Sale... Stand alone 3,000 square feet building located on one of the South shore busiest roads with a very high traffic count of over 20,000 cars a day. The store is available now for sale after this family had to rebuild almost from scratch after purchasing the store and all its problems from previous seller. This family has brought this place to where it needs to be fully stocked and full of life with new decor and management. This store has come around 360 degrees full circle and now operating smooth with plenty of loyal local customers. The store has everything upgraded including the AC/Heat unit on roof with a new electric being ran through the entire building. One very important upgrade was the 10 door walkin cooler that holds over $20,000 in inventory and now holds temp and has been serviced within the last 6 months and is in working condition. Everything here pretty much has been either replaced or serviced and should be good for another 15-20 years. The building is 3,500 square feet with 2,500 square feet of retail space that has a full kitchen that opens from 6-2 and makes breakfast and lunch with option for cold cuts all day. The store has lotto that has been there for only 3 weeks and is as follows $2,500 Machine Quick Draw, Lotto $2,500 that's $5,000 in 3 weeks. The current owner has installed quick draw with a T.V inside and a T.V outside for quick draw in the parking lot for customers who smoke and gamble. This store is currently on average bringing in over $20,000 at a high profit margin with plenty of local walking traffic. The store has an elevator that has been repaired and could carry an employee with inventory from the basement up. The elevator hasn't worked in years till this family took over and invested the money necessary to make it happen. This store has a full basement that the current seller has ran new wiring with outlets and lights. The basement is big enough to turn into a 3 bedroom apartment with the right permits in place or No permits the space is there its up to you. The basement has running water with a full bathroom that is in working condition another investment well done by seller. The store is being sold with a 15 Yr Triple Net lease (NNN) and a rent of $4,500 includes property taxes. Make An Offer

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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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