Large Nassau County Variety Store
| Asking Price: | $400,000 | Inventory: | $210,000 ** |
| Gross Revenue: | $1,329,093 | Real Estate: | n/a |
| Cash Flow: | $238,259 | FF&E: | $127,119 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The business is a 60 year old general merchandise variety store located on a main thoroughfare in a populous community in Nassau County, Long Island. The store sells all types of merchandise with an emphasis on housewares (high profit) and seasonal merchandise. The store is well known in the area and widely frequented by local residents. The average customer shops more than one time per week. The store is a True Value affiliate which is invaluable to the business, giving access to merchandise not usually available to an independent store. There is an outdoor fenced area of about 2,000sq.ft. which is ideal for the development of a Garden Center.
About the Business
Year Established:60
Employees:4 full time - 8 part time
Relocatable:Yes
Facilities:The facility is a large retail store (7,000sq.ft. + 2,000sq.ft. outside space) located in a busy strip mall on a main thoroughfare in a populous community in Nassau County, Long Island. Seller owns the building and will offer a long term lease to the buyer at attractive rates.
Market Outlook and Competition:Growth is very possible. The facility contains a 2,000sq.ft. fenced outside area which is currently not utilized but would be ideal for a Garden Center.
About the Sale
Reason For Selling:Seller wishes to pursue other interests.
Seller Financing:Seller will finance 100% of the selling price to a qualified buyer, excluding inventory. Inventory (at cost) must be paid in full at closing.
KEYWORDS: convenience store, retail, general merchandise, hardware, housewares, stationery, seasonal, garden center, greeting cards, variety.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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