Turn key operation: after 30 yrs in business owners are retiring

Westbury, NY (Nassau County)

Seller Financing Available
Turn key operation: after 30 yrs in business owners are retiring

Asking Price:$285,000

Cash Flow:$120,000

Gross Revenue:$175,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1985

Turn key operation: after 30 yrs in business owners are retiring

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Business Description

This store has been run by the same family since 1985. Great opportunity for someone who wants to acquire a business which is as profitable as it is easy to run. Western Union services provides the largest portion of the profit, but Lotto, bill payment, prepaid phone sign-up (T-Mobile & Ultra Mobile) and phone repair. Featured products include unlocked prepaid phones, phone accessories, and more. Other services provide additional income. All income is well documented, books are meticulously kept. A motivated owner could expand to include other services like tax, financial or travel. Located in a busy, high traffic area and offering ample private parking.

Detailed Information

Inventory:
Included in asking price
Employees:
1
Facilities:
Private parking, located in a busy area.
Competition:
No. 1 store for Western Union in Nassau. No real competition close by. Prime location with plenty of traffic.
Growth & Expansion:
Plenty of potential to add additional service & products
Support & Training:
Owner will train prospective buyer. Easy to run
Reason for Selling:
Owner's retirement

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Kal Alayan

Business Listed By:
Kal Alayan

MainStreet M&A

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