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Convenience Store and Deli for Sale Time Square Area

ACTIVE

Busy Absentee Owned Business with over $200,000 Cash Flow!

The business has been established 15-years. The location of approximately 1,500 sq. ft. plus basement is a gold mine in the heart of New York’s Times Square area. The annual sales are over $1.4 Million. All equipment, furniture and fixtures are installed as this is truly a turnkey operation. The monthly rent is about $25,700. The lease is assignable to a qualified buyer for remaining 7-years plus an option for 5. This is a 24-hour store with a huge beer business. The new owner can obtain a new beer license in his or her name. Anyone actively working and managing the business can expect to make a lot more money than the current absentee operated business. The business is listed at a deep discount for a quick sale as a result of owner ‘s personal family matters.
Property Id : 19909
Price: $ 250,000
Property Size: 1,500.00 ft2
Gross Revenue $: 1,400,000
Cash Flow $: 200,000
Inventory: Included in asking price
Year Established: 2003
Franchise?: No
Real Estate: Leased
Willing to co-broker?: -
Principals only?: -

Notice: The information in this listing has been provided by the business seller, owner, or gent stated above. Biz4Less has no ownership or interest in the sale of this business and has not independently verified any of the information about the business and assumes no responsibility for its accuracy or completeness.

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