Best Known Franchised C-Store - 22689

Queens County, NY
Queens County


Asking Price: Annual Revenue:
$149,000 Not Disclosed

Food & Beverage: Convenience Stores


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RE: Best Known Franchised C-Store - 22689 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $149,000
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: 1973
Employees: 2
BBN Listing #: 92324447
Broker Reference #: 22689

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Business Overview:

The best known convenience store brand in the US. This store has been established for over 40 years. The current owner has had this store for 7 years. He currently operates it on an absentee basis. In the past year the business grossed approx. $1,322,412 with an absentee Net Income of approx. $63,857.70 (Keep in mind that the owner operates the store from out of state). A hands on owner could reduced the payroll significantly generating a Net Income closer to $100k. As a top tier franchise, ALL SALES AND EXPENSES ARE 100% VERIFIABLE. Every sale runs through the POS System. The owner is asking $169K for this location, plus approx. $80K in a transfer fee. The franchisor requires any buyers to be English speaking, with good credit. Buyers must have enough liquid capital for the purchase and transfer fee. If you qualify please contact your local Vested Business Broker, Mel Vaz, at 1-877-735-5224.

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Reason for Selling:

Personal

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 a franchise resale opportunity.

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