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Listing Number: 1546

Retail Store Business for Broker in Suffolk County, New York

Business:Retail Store Business for Broker
County, State: Suffolk County, New York
Business Type: Retail, General Merchandise Store

Summary Description

This discount variety store is 4000+ sq. ft. and has a wide selection of discount items. Located in a very busy shopping center with plenty of parking, on a main road, in the middle of extremely busy town in central Long Island, it is well positioned and takes advantage of the large customer base in the area who want discounted items. The store does $315,000 in gross sales and has a net cash flow of $100,000 with potential for growth. Asking $150,000 with $88,000 down this is the perfect opportunity for anyone who wants to be in the discount variety store business and is definitely a must see.

About the Sale

Asking price:$150,000 (USD)

Financing:$100,000 down and 50,000@ 7% over 60 months

Total Revenues:$312,000 (USD)

Cash Flow:$88,000 (USD)

Reason Selling:Relocating

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.