Profitable - In Business More Than 30 Years

Hempstead, NY (Nassau County)

Profitable - In Business More Than 30 Years
Contact Seller

Asking Price: $40,000

Cash Flow: $74,950

Gross Revenue: $255,500

EBITDA: N/A

FF&E: N/A

Inventory: $50,000

Rent: $4,400 /Month

Established: 1989

Profitable - In Business More Than 30 Years

Save Print Share Valuation Report

Business Description

Phenomenal opportunity to own a profitable Variety Store that has been established for more than 30 years (Yes! same owners). This is true mom & pop store, the original “99 cent store.” The owners are 85 years Young and its time to retire. This is an all cash business, selling children’s book bags, toys, clothing, boots and sneakers and so much more. Located on a very busy main road near the bus terminal, train station and court house; huge foot traffic daily. Approximately $50,000 in inventory is included in the sale.

This husband and wife team have decided to retire because they can no longer work the hours they once did. They use to open at 9am and are now opening from 11am to 6pm. The new owner can expand hours and add a variety of inventory and increase revenue.

Detailed Information

Location:
Hempstead, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
N/A
Employees:
2
Support & Training:
Will train new owner.
Reason for Selling:
30 years in business; it’s time to retire!
Contact Seller

Contact the Seller

Contact Seller Loading

Jose Castano

Business Listed By:
Jose Castano

Keller Williams Greater Nassau

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1682161 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Pinot's Palette

Franchise Opportunity
Cash Required: $60,000