Convenience Store Next to Gas Station on Main Road

Hastings On Hudson, NY
Westchester County

Right off of Saw Mill Pkwy


Asking Price: Annual Revenue:
$180,000 $250,000

Food & Beverage: Convenience Stores


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RE: Convenience Store Next to Gas Station on Main Road Broker: Seller of Business

Quick Facts

Asking Price: $180,000
Annual Revenue: $250,000
Net Profit: $85,000
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1969
Employees: 1
BBN Listing #: 900957855
Broker Reference #: Not Disclosed

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Business Overview:

Corner convenient store with a strong 50+ year history right beside a gas station on a busy, main road. Great location that has become a staple in the neighboorhood, located right off the Saw Mill River Parkway, with no competition within 2 miles. Highly profitable business, selling lottery, candy, coffee, soda, cigarettes, cards, and flowers. Significant potential to expand product offerings with new foods or other offerings. Landlord willing to provide new 5 year lease with low rent. Very good potential store with the right owner / partner. Lottery income ~$30,000 and ATM income ~$10.000 annually. Cash only story and annual revenue based on operating 6 days a week from 6am-7pm. The store has been closed on Sunday's for last 8 years, but strong growth potential by opening on Sundays and extending hours.

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Property Features and Assets:

This business is located in a building that also has a gas station, dry cleaner and deli. Brand new outdoor ice box and gondolas as well. Easy, convenient parking in front of the property for customers.

Market Competition and Expansion:

Adjacent gas station, dry cleaners and deli provide consistency in customers and traffic. No competition within 2 miles. Currently selling lottery, candy, coffee, soda, cigarettes, cards, and flowers, however a lot of opportunities to expand product offerings with new foods, etc.

Reason for Selling:

Retiring

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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