Convenience Store - 26100

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$185,000 $720,000

Food & Beverage: Convenience Stores

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RE: Convenience Store - 26100 Broker: Syed Ahmed

Quick Facts

Asking Price: $185,000
Annual Revenue: $720,000
Net Profit: Not Disclosed
Cash Flow: $104,200
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 80204447
Broker Reference #: 26100

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Business Overview:

This drive-through convenience store is located on one of the busiest roads on Long Island. Its yearly gross is $730,000. It is an easy to operate business, which needs just one employee to run the business. It is equipped with beer, cigarettes, milk, ice cream, other dairy products, etc. A new buyer may add lotto. It is a 100% absentee owner business, as the seller has several other businesses, which are too far from this one. The seller wants to hold a note, if a new buyer is willing to pay $75,000 as a down payment. The seller's net cash flow, after paying all the expenses, is over $8,000 a month. A great location, easy to run, and the seller willing to finance, are the factors that a new buyer must consider in order to buy this business. Call us for more information.

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Reason for Selling:

Absentee- not able to manage

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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