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Convenience Deli Market In Long Island For Sale

Long Island, New York, US
Asking Price:
$699,000 Inventory / Stock included
Sales Revenue:
$1,040,000
Cash Flow:
$275,000

This 30 year old Convenience Store & Deli is located in a heavily-populated neighborhood on Long Island. As a matter of fact, this the only convenience store & deli in that area. Has its own parking space. Rent is just $4,000 a month, with a 15 years lease. Gross sales are over one million a year. Lotto earns $2500 to $3,000 a month in commission. Store has lotto, beer, cigarettes, EBT, ATM, coffee, breakfast & lunch, etc. The store is very spacious, very neat & clean, and nicely-decorated. The seller has owned it for 10 years; wants to move to another state. Willing to hold a note, with $350,000 as a down payment. A great business opportunity in which seller financing is available.The net cash flow, after deducting all the expenses, is over $275,000 a year. Do not miss out. Call Syed for more information.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33995 for instant access to this business information.

Business Operation

Reasons for selling:

Personal

Employees:
4FT/2PT
Years established:
1990

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

350,000.00 Down & At 6% for a period of 48 months ($349,000)

Furniture / Fixtures value:
$95,000
Inventory / Stock value:
$30,000 - included in the asking price

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