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
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