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Listing Number:3704

Buy a Convenience Store Business in Suffolk County, New York

Business: Buy a Convenience Store Business
County, State: Suffolk County, New York
Business Type: Convenience Store, Other Food Stores

Summary Description

For over 40 years, this business has been a community landmark. Located in a very affluent North Shore community in Suffolk County, this business is very similar to a Dairy Barn. In essence, it is a drive-thru convenience store. Customers can drive right up to a window where they can purchase grocery items, dairy items, cigarettes, lotto, etc. The location is directly in the heart of the town and has some customers who have been loyal for over 40 years. The landlord has offered a 12 year lease with a 5 year option. Property may be available as well. The owner has three other businesses and cannot devote the time and attention necessary to manage this business. Based on the limited time the owner has been able to devote to the business, he is earning over $55,000.00 per year off Gross Sales of $12,000.00 per week. The business is capable of earning over $20,000.00 per week and the owner has recently introduced cold cuts and LOTTO, sure to add sales growth. This will definitely not last. Call today for an appointment!

About the Sale

Asking price:$180,000 (USD)

Financing:$135,000 down

Total Revenues:$619,200 (USD)

Cash Flow:$80,955 (USD)

Reason Selling:Owner has 3 other businesses

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.