This convenience store is located in the midst of a very busy neighborhood in Queens. The seller owns it for 20 years; wants to retire. The lotto does $8,000 a month in commission; ATM makes $900 a month in commission. The store is laced with lotto, beer, electronic cigarette, vape, etc. Three partners own it, but they have developed some serious differences; now they have decided to sell the business. A great opportunity for a new buyer who wants to run by himself. The seller's net cash flow, after paying all the expenses, is $50,000 a year.
- Asking Price:
- $150,000 Inventory / Stock included
- Sales Revenue:
- $525,000
- Cash Flow:
- $51,000
Business Operation
- Reasons for selling:
-
Personal
- Employees:
- 2 FT/1 PT
- Years established:
- 35
Other Information
- Support & training:
-
Seller will train
- Furniture / Fixtures value:
- $60,000
- Inventory / Stock value:
- $40,000 - included in the asking price
