Established Grocery Store in Queens County, NY - 31573

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Asking Price:
$165,000

Gross Revenue:
$498,000
Cash Flow:
$72,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$25,000
not included in asking price

FF&E:
$40,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

A 30 years old convenience store, with a beautifully-settled interior, is in the midst of a crowded shopping area in Queens. It has lotto, beer, cigarettes, coffee & breakfast, etc. Store is spacious, and the shelves are properly laced with merchandises, in a very decent way: has an excellent lighting arrangement. Seller owns 6 convenience stores in Bronx, so he is unable to manage this one: 100 absentee. Seller's net cash flow is $6,000 a month. seller is willing to finance. Call Syed at 631-374-7686 for more information.

About the Business

Number of Employees:
2
Website:
www.vestedbb.com
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About the Sale

Reason For Selling:
personal
Training/Support:
Yes

Listing Info

ID:
1560896
Ad Detail Views:
51

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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U.S. Census Data for Queens County, NY
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Queens County, NY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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