This 25-year-old convenience store is located in a very busy area of Manhattan. The store is laced with beer, an ATM, cigarettes, magazines, coffee and breakfast, etc. Its gross sales are over $15,000 a week. The seller has a full-time job and has to travel abroad frequently. The business is being run by employees. A new owner, with his physical supervision, may create a huge difference in revenues. The seller's net cash flow, after paying all the expenses, is over $100,000 a year. a great opportunity for a buyer to turnaround the business.
- Asking Price:
- $220,000 Inventory / Stock included
- Sales Revenue:
- $728,000
- Cash Flow:
- $101,000
Business Operation
- Reasons for selling:
-
100% absentee
- Employees:
- 2FT/2PT
- Years established:
- 1998
Other Information
- Support & training:
-
Seller will train
- Furniture / Fixtures value:
- $70,000
- Inventory / Stock value:
- $30,000 - included in the asking price