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Discount Store In Kings County For Sale

New York, US
Asking Price:
$350,000 Inventory / Stock included
Sales Revenue:
$1,300,000
Cash Flow:
$190,000

LISTING ID # 33828

This 18-year -old convenience and discount store is situated in a heavily populated area in Brooklyn. Its size is 1900 sq. ft. Its gross sales are $110,000 a month. Rent is just $5,000 with a 15 years lease. This convenience store has inventory worth $170,000, which is included in the asking price. Seller lives in another state, and owns several businesses there; therefore finds it hard to supervise this business. Owner is willing to finance. Seller's net cash flow, after excluding all the expenses, is over $15,000 a month. It is a win-win business opportunity. Do not miss it.

Business Operation

Reasons for selling:

100% absentee

Employees:
3 FT/2 PT
Years established:
18

Other Information

Support & training:

Seller will train

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

200,000.00 Down & $150,000 for 36 months at 6%

Furniture / Fixtures value:
$80,000
Inventory / Stock value:
$170,000 - included in the asking price