Convenience Store for Sale in Queens, NY
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Financial Details
- Asking Price:
- $150,000
- Annual Revenue:
- $525,000
- Cash Flow / SDE:
- $51,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.9x
- Location:
- Queens, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Established convenience store with 20 years of seller history.
Strong revenue streams from lottery and ATM commissions.
Prime location in a busy Queens neighborhood.
Description
This is an established convenience store located in a high-traffic area of Queens, NY. The current owner, who has operated the business for 20 years, is looking to retire, presenting a prime opportunity for a new owner-operator. The store offers a variety of products including lottery, beer, electronic cigarettes, and vape products. It generates significant commission income from lottery sales ($8,000/month) and ATM usage ($900/month). With annual sales of $525,000 and a seller's net cash flow of $51,000, this business is well-positioned for continued success. The partnership structure is dissolving, making this an ideal scenario for a buyer looking to manage the business independently.
Industry Information
- Industry Description:
- Convenience Stores, C-Stores
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2005
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Not Specified
Listing Details
- Listing ID:
- 7fa137d0-bb8c-48ce-a018-be1b730c2c52
- Source Listing ID:
- 35131
- Deal Status:
- For Sale
- Date Posted:
- September 01, 2022
- Last Updated:
- September 15, 2025
- Currency:
- USD
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