Brooklyn Convenience Store For Sale
Business Description
HS Listing ID-68446
Convenience Store for sale
Has license for: Cigarettes, Lotto, Beer, EBT
No Grill or Hood but easy to convert.
Owner is semi-absentee has family members working it. Maybe goes in 3-4 days a week make sure all ok. He does have a full time job.
Reason for selling- Moving out of state
Seller very motivated!!!!
Total Sales $424,184 ( est. $130k cash, $294,184 recorded)
Cogs $114,000
Rent $81,600 10 year lease 8 1/2 left
Employee payroll $96,000 ( paid cash)
con ed $18,000
Trash $1728
net approx $112,856
1.7x multiple
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Convenience Store for sale
Has license for: Cigarettes, Lotto, Beer, EBT
No Grill or Hood but easy to convert.
Owner is semi-absentee has family members working it. Maybe goes in 3-4 days a week make sure all ok. He does have a full time job.
Reason for selling- Moving out of state
Seller very motivated!!!!
Total Sales $424,184 ( est. $130k cash, $294,184 recorded)
Cogs $114,000
Rent $81,600 10 year lease 8 1/2 left
Employee payroll $96,000 ( paid cash)
con ed $18,000
Trash $1728
net approx $112,856
1.7x multiple
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $6,800.00 per month
About the Sale
- Seller Motivation
- Relocating
Listing Info
- ID
- 2443071
- Listing Views
- 57
Listing ID: 2443071 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. See our full Terms of Use. Learn how to avoid scams.
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