Mega Convenience Store In Suffolk County For Sale

Business description

Large 2000 foot Free standing convenience store available with or with out property. This Business is extremely profitable with tons of room to grow. This listing has a 7-11 type look . Seller has improved plans in place to build a attached Major Franchise sandwich shop on existing footing. Store operates 60% absentee. More advertising, better signs and more items plus building extension will greatly!!! Increase cash flow! Located in Very beautiful up scale area. Established 20 years. Located on busy route with great exposure. Located next to transportation, residential and lots of businesses. . This store offers Hot Coffee center, cold beer, ice, ATM and too much to list. This is not an easy find, ACT NOW THIS ONE OF OUR BEST LISTINGS ALL YEAR!!!! If buyer seeks to buy Convenience store with property total price is $1.1 with out property buyer can get new 15 year lease price does not include cigarettes but other inventory included. Please note absentee seller gave up lotto do to employer theft. Buyer will get lotto in 30 days! If this store was managed better and got lotto and was hands on numbers can grow rapidly. Cost to build on 10x45 foundation now in place would be about $100k use can be used for most retail use. House located nest to business also available for $500k Contact broker Jim Aloi for full details..... Note lotto sales were over a million a year when seller had lotto.

Property information

Real Estate:

Lease

Other information

Reasons for selling:

personal

Financing available:

200,000 down & Business only seller will hold $100K note for 3years @7% If buyer buys business and property seller will fiance 50 percent which is $550k

Furniture / Fixtures value:

$150,000

Inventory / Stock value:

$60,000