Established Convenience Store & Deli in Richmond County, NY - Asking $300,000

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Financial Details

Asking Price:
$300,000
Annual Revenue:
$1,200,000
Cash Flow / SDE:
$100,000
Profit Metric:
Cash Flow
Valuation Multiple:
3.0x
Location:
NY, US
Source:
Date:
September 15, 2025

Key Highlights

Well-established convenience store and deli with high foot traffic.
Absentee owner operation with strong sales from lotto and general merchandise.
Includes hot food and cold cuts, offering diverse revenue streams.

Description

This is a well-established convenience store and deli located in Richmond County, NY, situated on a high foot traffic street. The business is currently run absentee by the owner, who has held it for approximately 2 years. It generates significant revenue, with lotto sales exceeding $480,000 annually and total gross revenue reaching $1,200,000. The store also offers hot food and cold cuts, providing additional income streams. This presents a great opportunity for a buyer looking to acquire an operating retail business with established sales.

Industry Information

Industry Description:
Convenience Store & Deli
Classification:
Retail

Operational Snapshot

Year Established:
2020

Real Estate & Lease

Status:
Available On Request

Listing Details

Listing ID:
8478c985-1660-46d0-87e0-a7e30e68d562
Source Listing ID:
33123
Deal Status:
For Sale
Date Posted:
January 27, 2022
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified