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Well-known Convenience Business Deli In New York For Sale

New York, US
Asking Price:
$350,000 Inventory / Stock included
Sales Revenue:
$960,000
Cash Flow:
$150,000

Looking for a well-known convenience store and deli located on a busy Long Island road? Look no further! This convenience store and deli have been owned by the seller for 15 years, earning a gross sale of $20,000 a week, with a lotto commission earning $3500 a month.

Offering beer, cigarettes, an ATM, breakfast, and lunch, this 100% absentee-owned store is an excellent investment opportunity.

With a rent of only $4500 a month and a 10-year lease, this convenience store & deli is the only one in the entire neighborhood. The seller's net cash flow, after paying all expenses, is $150,000 a year.

The seller has a serious health issue and is willing to finance it, making it a great opportunity to own a profitable business. Located near shopping malls, this convenience store & deli has a loyal clientele and an excellent location. Don't miss out on this opportunity!

Business Operation

Reasons for selling:

Personal

Employees:
2 FT/3 PT
Years established:
25

Other Information

Support & training:

Seller will train

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

250,000.00 Down & TBD

Furniture / Fixtures value:
$60,000
Inventory / Stock value:
$25,000 - included in the asking price