Convenience Store and Deli for Sale Time Square Area

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Busy Absentee Owned Business with over $200,000 Cash Flow!
Asking Price:
$250,000

Gross Revenue:
$1,400,000
Cash Flow:
$200,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

The business has been established 15-years. The location of approximately 1,500 sq. ft. plus basement is a gold mine in the heart of New York’s Times Square area. The annual sales are over $1.4 Million. All equipment, furniture and fixtures are installed as this is truly a turnkey operation. The monthly rent is about $25,700. The lease is assignable to a qualified buyer for remaining 7-years plus an option for 5. This is a 24-hour store with a huge beer business. The new owner can obtain a new beer license in his or her name. Anyone actively working and managing the business can expect to make a lot more money than the current absentee operated business. The business is listed at a deep discount for a quick sale as a result of owner ‘s personal family matters.
This opportunity will not last long! Call now to make an appointment.
Contact Dave Nagar at CEO Business Brokers, Inc.

About the Business

Website:
www.ceobrokers.com
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Listing Info

ID:
1478450
Ad Detail Views:
5815

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$
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Business Listed by

Dave Nagar

CEO Business Brokers Inc.

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