Brooklyn Convenience Store For Sale - Business for Sale

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Brooklyn Convenience Store with Lotto, Beer, and EBT Licenses

Brooklyn, NY, US
Added 26 days ago
Convenience Store
Absentee / Semi-Absentee

Convenience store in Brooklyn, NY with licenses for cigarettes, lottery, beer, and EBT, operated semi-absentee by the owner with family members working in the business.

Key Information

Asking

$165K

Revenue

Earnings

$113K

Multiple

1.5x

Key Highlights

  • Total sales: $424,184 (estimated $130,000 cash, $294,184 recorded)
  • COGS: $114,000
  • Rent: $81,600 per year with 8.5 years left on a 10-year lease
  • Employee payroll: $96,000 (paid cash)
  • Store holds licenses for cigarettes, lotto, beer, and EBT

Contact Info

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