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Popular Convenience Store In New York For Sale

New York, US
Asking Price:
$375,000
Sales Revenue:
$2,300,000
Cash Flow:
$170,000

LISTING ID # 32250

A nationally known, franchised convenience store, located on one of the busiest routes on Long Island. Seller owns it for 30 years and wants to retire. The franchised company pays the rent. A new buyer will have to pay the franchise fee which is $200,000. A safe investment, a famous name in the country, and a strong support from the company to teach how to run and how to supervise the business. Seller's net cash flow, after paying all the expenses, is $170,000 a year. A great opportunity for a first time business to be in a nationally-know franchise.

Business Operation

Reasons for selling:

Retirement

Employees:
3 FT/3 PT
Years established:
35

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$65,000
Inventory / Stock value:
$70,000