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Established Convenience Store In New York For Sale

New York, US
Asking Price:
$260,000 Inventory / Stock included
Sales Revenue:
$750,000
Cash Flow:
$151,000

This 30-year-old convenience store is situated in a highly busy area on a a long island.

The rent is $3590 a month, with a 10-year lease. The business has lotto, beer, an ATM, cigars, coffee, breakfast, and more.

Lotto earns $5700 in commission every month, while the ATM makes $800 in commission each month.

The store's gross sales exceed $55,000 per month. The seller is moving to another state. This is an excellent opportunity for a first-time business buyer.

After paying all the expenses, the seller's net cash flow, is over $150,000 a year.

Business Operation

Reasons for selling:

Personal

Employees:
2 FT/1 PT
Years established:
30

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$80,000
Inventory / Stock value:
$25,000 - included in the asking price