Popular Convenience Store 32250

Coram, NY (Suffolk County)

Popular Convenience Store 32250
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Asking Price: $375,000

Cash Flow: $170,000

Gross Revenue: $2,300,000

EBITDA: N/A

FF&E: $60,000

Inventory: $70,000*

Established: N/A

*not included in asking price.

Popular Convenience Store 32250

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Business Description

A nationally known, throughout US, franchised convenience store is located on one of the busiest routes on Long Island. Seller owns it for 30 years; wants to retire. The franchised company pays the rent. A new buyer will have to pay the franchise fee which is $200,000. A safe investment, a famous name in the country, and a strong support from the company to teach how to run and how to supervise the business. Seller's net cash flow, after paying all the expenses, is $170,000 a year. A great opportunity for a first time business to be in a nationally-know franchise.

Detailed Information

Location:
Coram, NY
Inventory:
Not included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Yes
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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