Turnkey Convenience Store - High-Traffic Location in Ridgewood, NY

Asking Price$299,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Turnkey Convenience Store - High-Traffic Location in Ridgewood, NY


Asking Price$299,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Dukes Convenience is a fully operational, turnkey convenience store located in a high-visibility, high-traffic area of Ridgewood, Queens. This well-established business sits on bustling Fresh Pond Road, surrounded by homes, businesses, and steady foot traffic throughout the day. The 838.5 sq ft space comes with all fixtures, equipment (valued at $50,000), and inventory (approximately $70,000) included—ready for a new owner to step in and grow.

The store holds multiple valuable licenses for alcohol, tobacco, vape products, and a fully operating juice bar that boosts daily revenue. Currently operated with reduced hours due to owner's personal commitments, average daily sales are $300 with significant upside potential for an active owner. With regular hours, daily sales can reach up to $900. Lottery sales average $35,000/month (potential up to $70,000/month), generating $2,500-$4,000/month in commissions.

Key Features:
• Prime high-traffic location on Fresh Pond Road
• 838.5 sq ft with clean, well-lit, ready-to-use layout
• All licenses: alcohol, tobacco, vape, juice bar
• Fixtures/equipment valued at $50,000 (included)
• Inventory approximately $70,000 (included)
• Strong lease: 8 years remaining, landlord open to new 10-year lease
• Affordable rent: $3,050/month
• Annual base sales: $190,000
• High growth potential for hands-on owner
• Well-established reputation with 4.26 Google rating

This is a cash-heavy business with immediate income potential and long-term security. Perfect for an entrepreneur ready to maximize this opportunity.
About the Business
Years in Operation
2
Facilities & Assets
838.5 sq ft retail space with clean, well-lit interior and ready-to-use layout. Includes all fixtures and equipment valued at $50,000: refrigeration units, shelving, point-of-sale system, juice bar equipment, and complete store setup. Private basement provides additional storage. Air conditioning throughout. All licenses included: alcohol, tobacco, vape products, and juice bar permits.
Market Outlook / Competition
Located in high-traffic Ridgewood area with strong residential and commercial activity. Convenience stores remain essential businesses with consistent demand. Current market shows growth opportunity as location attracts diverse customer base seeking everyday essentials, lottery, and specialty items.
Opportunities for Growth
Significant upside potential: Currently operating with reduced hours due to owner's limited availability. Expanding operating hours can increase daily sales from current $300 to $900+. Lottery sales can grow from $35k to $70k monthly. Active owner-operator can maximize juice bar revenue and build catering relationships with local businesses.
Real Estate
Owned or Leased
Leased
Rent
$3,050.00 per month
About the Sale
Seller Motivation
Owner is selling to focus on family commitments and does not have the time to op
Transition Support
Seller will provide comprehensive training on store operations, supplier relationships, inventory management, and licensing requirements. Full introduction to existing customer base and community connections. Ongoing support available during transition period.
Listing Info
ID
2434389
Listing Views
406
Attached DocumentsAttachment Disclaimer

Business Summary-Dukes Concenience.pdf

Business Location

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Business Listed by: Siddhartha Lama Prime America Real Estate

Listing ID: 2434389 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.