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Established Convenience Store With Smoke Shop In New York For Sale

New York, US
Asking Price:
$260,000
Sales Revenue:
$2,130,000
Cash Flow:
$95,000

LISTING ID # 36027

A convenience store with a smoke shop is located in a very busy strip mall in Suffolk County, New York. The business has a very busy lottery; it does $1.7 million a year. The store does over $40,000 a month in gross sales; the beer section is busy with a decent profit margin. The business is 30 years old and has a loyal clientele from the neighborhood. The seller, due to a domestic reason, is moving to another state. It is an excellent location, a proven profitable business, and has a loyal clientele. After paying all the expenses, the seller's net cash flow is over $95,000 a year.

Business Operation

Reasons for selling:

Personal

Employees:
1 FT/2 PT
Years established:
30

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$65,000
Inventory / Stock value:
$25,000