A 2900 sq. ft. convenience store combined with a cards and gifts store is situated in one of the busiest strip malls in Suffolk County, New York. The seller is retiring. The lotto makes 1.3 million a year. The business has an excellent opportunity to convert into a full-fledged smoke shop; beer can be added to boost revenues. The inventory, worth $60,000, is included in the asking price. The business is in one of the best locations, with heavy traffic, and the strip mall hosts several nationally known businesses. After paying all the expenses, the seller's net cash flow is $75,000 a year.
- Asking Price:
- $169,000 Inventory / Stock included
- Sales Revenue:
- $1,612,000
- Cash Flow:
- $75,000
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 1 FT/2 PT
- Years established:
- 25
Other Information
- Support & training:
-
Seller will train
- Furniture / Fixtures value:
- $80,000
- Inventory / Stock value:
- $60,000 - included in the asking price
