Thirty Yr. Old Convenience Store-27941

Nassau County, NY

Thirty Yr. Old Convenience Store-27941

Asking Price:$220,000

Cash Flow:$85,340

Gross Revenue:$587,000





*not included in asking price.

Thirty Yr. Old Convenience Store-27941

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Business Description

This thirty years-old convenience store is located on one of the busiest roads on Long Island. Rent is just $2900 a month, with a long lease. The store is laced with lotto, beer, cigarettes, ATM, EBT, Western Union, pre-paid calling cards, numerous cell phone accessories, coffee, etc. It is a 100% absentee owner business. The business is a part of a heavily-populated area, so the clientele is always steady, and almost permanent. It also has a furnished basement, which is used for storing the merchandises. The seller must sell it, because he is moving to North Carolina. The business earns $45000 a month in gross sales. The seller's net cash flow, after paying all the expenses, is $7,000 to $8,000 a month. A first-time business buyer must buy this profitable business, which is situated at a great location. It is 100% absentee owner business. Call 877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Attached Documents

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
220,000.00 Down
Support & Training:
The seller will train the new owner.
Reason for Selling:
Move into another state.

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