Profitable - In Business More Than 30 Years

Hempstead, NY (Nassau County)

Profitable - In Business More Than 30 Years
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Asking Price: $40,000

Cash Flow: $74,950

Gross Revenue: $255,500



Inventory: $50,000

Rent: $4,400 /Month

Established: 1989

Profitable - In Business More Than 30 Years

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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

Hempstead, NY
Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Support & Training:
Will train new owner.
Reason for Selling:
30 years in business; it’s time to retire!
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Jose Castano

Business Listed By:
Jose Castano

Keller Williams Greater Nassau

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