Popular Convenience Store 32250

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Asking Price:
$375,000

Gross Revenue:
$2,300,000
Cash Flow:
$170,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$70,000
not included in asking price

FF&E:
$60,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

A nationally known, throughout US, franchised convenience store is located on one of the busiest routes on Long Island. Seller owns it for 30 years; wants to retire. The franchised company pays the rent. A new buyer will have to pay the franchise fee which is $200,000. A safe investment, a famous name in the country, and a strong support from the company to teach how to run and how to supervise the business. Seller's net cash flow, after paying all the expenses, is $170,000 a year. A great opportunity for a first time business to be in a nationally-know franchise.

About the Business

Location:
Coram, New York
Number of Employees:
6
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1628846
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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