Convenience Store in for Sale in Suffolk County
LISTING ID # 32250
A nationally known, franchised convenience store, located on one of the busiest routes on Long Island. Seller owns it for 30 years and 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.
Financials (USD)
Asking Price $500,000
Cash Flow $170,000
Sales $2,300,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? No
Principals only? Yes
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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