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Established Convenience Store In New York County For Sale

New York County, New York, US
Asking Price:
$220,000 Inventory / Stock included
Sales Revenue:
$728,000
Cash Flow:
$101,000

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.

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