Well-Known Convenience Store & Deli for Sale in Suffolk County, NY
Financial Details
- Asking Price:
- $350,000
- Annual Revenue:
- $960,000
- Cash Flow / SDE:
- $150,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.3x
- Location:
- NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a well-established, 100% absentee-owned convenience store and deli located in Suffolk County, NY. Situated on a busy Long Island road, the business has been operated by the seller for 15 years and generates significant revenue, with gross sales of $20,000 per week and an additional $3,500 per month from lotto commissions. The store offers a variety of products including beer, cigarettes, and an ATM, alongside breakfast and lunch services. With a monthly rent of $4,500 and a 10-year lease, this business boasts a prime location with no direct competition in the neighborhood. The seller's net cash flow is an impressive $150,000 annually. Due to a serious health issue, the seller is willing to provide financing, making this a compelling opportunity for an investor seeking a profitable, turnkey operation. The business benefits from a loyal clientele and proximity to shopping malls.
Industry Information
- Industry Description:
- Convenience Business & Deli
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2010
- Reason for Selling:
- Health Issues
Real Estate & Lease
- Status:
- Available_on_request
- Monthly Rent:
- $4,500 USD
Listing Details
- Listing ID:
- 5c8e2d91-55d3-47c5-89db-6b98f2ff4a84
- Source Listing ID:
- 34862
- Deal Status:
- For Sale
- Date Posted:
- December 20, 2022
- Last Updated:
- September 15, 2025
- Currency:
- USD