99 cent Store in business shopping area- Excellent Location

Queens, NY (Queens County)

Actual Photo of Store

Asking Price:$149,000

Cash Flow:$104,000

Gross Revenue:$540,000

EBITDA:$104,000

FF&E:$24,000

Inventory:$75,000

Established:N/A

99 cent Store in business shopping area- Excellent Location

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Business Description

The store has doors on 2 extremely busy streets. Extremely high traffic location. Great location.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Unbelievable location this location has 6,000 people walking by the door every day. I believe the lease is several thousand dollars below market value. Buyer is Motivate negotiable make and offer $85,000 of renovations to finish the basement and renovate to get this to the optimal point.
Competition:
Unbelievely good location
Reason for Selling:
Absentee owner has another type of business in a different area

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Thomas McGovern, MBA, CVA

Business Listed By:
Thomas McGovern

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