Well-Known Convenience Store & Deli for Sale in Suffolk County, NY

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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

Profitable, absentee-owned convenience store & deli with strong weekly sales and monthly lotto commissions.
Excellent Long Island location with loyal clientele and no neighborhood competition.
Seller financing available due to health reasons, presenting a unique investment opportunity.

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

Features & Tags

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