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Profitable Convenience Store In Suffolk County Ny For Sale

New York, US
Asking Price:
$460,000
Sales Revenue:
$2,346,000
Cash Flow:
$276,000

LISTING ID: 36264

A highly profitable convenience store with a smoke shop located in a bustling strip mall on Long Island. The store boasts a significant cash flow and pays a modest rent of just $3,000 per month. It generates impressive lottery sales, totaling $2.6 million annually. Monthly gross sales exceed $60,000, and the ATM alone brings in $950 in commission each month. Beer and smoke shop items are top sellers. Owned by the current seller for over 15 years, this store is situated in a prime location with a lean payroll and substantial revenue. After covering all expenses, the net annual cash flow exceeds $276,000. This is a rare opportunity to acquire such a lucrative business. The seller is looking to transition into a different industry. For more information, contact Syed

Business Operation

Reasons for selling:

Personal

Employees:
3
Years established:
30

Other Information

Support & training:

Seller Will Train

Furniture / Fixtures value:
$90,000
Inventory / Stock value:
$20,000