MergerPlace

Tobacco/Magazine Shop with Lotto

New York (Ontario)


  • Asking Price: $250,000
  • Gross Income: $340,668
  • Cash Flow: $94,071
  • Real Estate: Not Disclosed
  • Inventory: $35,000
  • FF&E: $35,000
  • Listing ID: #197007
  • Established: 1932
  • Employees: 3 PT

Business Description

~ Highly profitable shop in the heart of the Finger Lakes region
~ Plenty of foot traffic
~ Close to restaurants and shops


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: New York
County: Ontario

Company Information

Year Established: 1932
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 PT

Financial Information

Asking Price: $250,000
Gross Revenue: $340,668
Cash Flow: $94,071
FF&E: $35,000
Inventory: $35,000
Seller Financing Available: Yes

Property Information

Facilities:

2,500 sq. ft. facility. Plenty of available parking. Lease is $1,200/month which includes taxes.

Growth & expansion opportunities:

~ Recommend expanding the hours ~ Suggest creating a web site and getting involved in social media

Competition:

There are a few other businesses in the area that compete in some small ways with this business.

Reason for selling:

The seller is pursuing another opportunity, but must sell this business first.

Support & Training:

The seller offers a minimum of two weeks’ training to provide for a smooth transition.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Dave Bradia

Klassen Ingalls