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Manhattan Convenience Store

New York County, NY, USA
Updated 16 hours ago

This attractively-located convenience store is situated at one of the busiest roads in Manhattan. It is equipped with lotto, beer, cigarettes, newspapers & magazines, coffee, etc. It also sells metro and pre-paid calling cards. The gross sale per each week is $14, 000; the present owner, due to religious reasons, does not want to sell food items. A new owner, due to a great location, may add different kinds of food items. It is a 100% owner absentee business. The lady owner owns it for seven years; now, she wants to move to another state. The seller's net cash flow, after paying all the expenses, is over $80,000 a year. The business is located within the hub of Manhattan, so one can imagine the steady flow of the business. Don't miss this great business opportunity for a person who would like to run by himself. At present, the employees are running the business. The seller is also particular about the proof of funds, before she would like to engage in any negotiation. Call Syed at 631-265-7300for more information and the address.

Listing #

21760

Down Payment

$150,000.00

Gross Sale Per Each Week

$14,000

Time Owned By Current Owner

seven years

Reason for Selling

The lady seller wants to move to another state.

Financials

Asking Price
$150K
RevenueMost Recent Year
$770K
Earnings (SDE)Last Reported
$81K
Assets Value
Undisclosed
Seller Financing
Not available

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