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Listing Number: 3161

Merchandise Store Business for Broker in Suffolk County, New York

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

Summary Description

Suffolk county 99 cent discount store located in major mall 2800 sq ft . Rent only $3,000.00 per month . This one year old store is just getting off the ground and starting to get profitable and has lots of potential. Seller now obtained permission from mall to add higher priced items. Several brand new stores being built next year right near entrance of this store. Seller has no previous experience. Great opportunity for hands on buyer with experience. Seller is paying higher prices for inventory is smaller quanities. Broker found a number of small mistakes that can quickly increase sales. This store does no promoting or advertising and is not using 500 feet of extra space.

About the Sale

Asking price:$150,000 (USD)

Financing:N/A

Total Revenues:$280,000 (USD)

Cash Flow:($6,100) (USD)

Reason Selling:Owner has other businesses and no time.

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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.