Swarming with people, the state of New York is one of the most populated regions in the United States of America. Home to the city with the same name, the state is an eclectic mix culture, art, commerce, culinary delights, media and glamour. It was ranked among the ten most visited destinations in 2013, and has some marvelous gems in its hinterland including the Statue of Liberty, Times Square, Niagara Falls, Grand Central Terminal, and Central Park.
It is also world-famous for its educational institutions, parks, galleries, museums, and historical landmarks. Besides all the glitz and gridlock, the state is a financial and commercial hotbed which boasts of iconic trade centers such as the Wall Street, Silicon Valley, and Tech Valley. The gross state product of New York in 2017 was a whopping $1.54 trillion which was supported by the presence of the economic powerhouse, the Wall Street.
Home to the New York Stock Exchange and the NASDAQ which are the largest stock exchanges across the globe, the state is a leading financial centre. Mining, exports, tourism, and agriculture are the other thriving sectors which have made New York state a hot-favorite destination among investors, immigrants, locals and travelers. Entrepreneurs yearn to try their luck in this land of opportunities which has something for everybody.
From unconventional industries and franchises to new-age start-ups and conglomerates, it has a flavor of everything. If you too wish to leverage the booming economy, then look for businesses for sale in the United States and become a part of its prosperous commercial realm. Opting for an existing business is a calculated and pragmatic decision as it reduces the risk associated with a start-up. An existing venture brings along a galore of advantages including an established customer base, brand awareness, supply-chain network, policies and procedures and much more. We can make your quest for success a reality by providing you the list of the top seven businesses for sale in New York. Let’s get started!
1. Convenience Stores For Sale
Despite the advent of online shopping and the comfort of home delivery, convenience stores remain a highly popular choice for shopping. These stores stock the daily essentials and have the capability of generating a healthy income. A strategically located shop with comfortable walk-in areas and organized groceries is sure to win the hearts of the consumers.
Friendly customer service and inventory of hot-selling products along with spacious parking area and high-passing traffic make for a perfect business opportunity that can be utilized to gain huge returns. If this proposition excites you, then click on the link below to find a profitable convenience store for sale.
2. Service-Based Businesses For Sale
Service-based businesses are easier to manage as there are no products to be sold which means there is no inventory and supplier related hassle. You don’t need to produce something or have a big facility to store the products. Since you don’t have to waste time on the production part, you can easily focus on sales and customer satisfaction. If you have a skill which can be utilized to make the lives of others simpler and convenient, you can easily become a service-based business owner.
Since a large part of the commercial sector is dominated by small businesses, it is not difficult to find a venture which matches your profile to get started. From beauty services and financial consultants to insurance agents, coaching and training, there are umpteen choices available for expert individuals. Thus if you have a talent, opt for these service-based businesses by clicking on this link.
3. Franchise Businesses For Sale
The highly diversified and dynamic franchise industry in the USA boasts of some of the biggest brands in the world. From 7 Eleven and KFC to McDonalds and Anytime Fitness, US-based franchises are omnipresent. Spread across the globe, the fast-food chains have captured markets with a vengeance and are churning millions of dollars in ROI. The profitable output makes it a lucrative option for entrepreneurs. In 2018, there were as many as 759,236 franchise businesses operating in the USA.
Owning a well-established brand with a fan-following is the best way to win over the target audience. It brings along the perks of training, ongoing assistance and marketing support from the franchisor. If you want to become a franchisee in New York, then take a look at our listings here:
4. Home-Based Businesses For Sale
Working from home is a blessing for single parents and couples who need a second income. These are the perfect avenues for earning profits while working from the comfort of your home and managing other daily chores. It reduces the investment required in setting up an office and proves to be cost-effective.
From web designing to party planning, there are dozens of options available for qualified people. It gives the flexibility of working your own hours and takes away the pressure of a nine-to-five job. If you are keen on turning your home into a workstation, then check out the listings for home-based businesses for sale here:
5. Restaurants For Sale
Restaurants are an irreplaceable part of New York. They are spread across the length and breadth of the state and provide employment to thousands of individuals. There were as many as 44,910 eating and drinking places in the state in 2016 and the estimated revenue from the restaurants reached $43.3 billion in 2017.
It is a booming industry with high growth prospects. Most food connoisseurs and chefs dream of owning a restaurant some day. It is much easier to realize this dream when you decide to purchase an eatery for sale. To know more about the opportunities available in New York, go to the link below:
6. Retail Businesses For Sale
The retail industry has grown by leaps and bounds in the past few years and the annual sales in the state have crossed $251 billion. New York has over 77,000 retail stores which are an important part of the local communities. Brands like Whole Foods, Staples and Duane Reade are an indelible part of the industry which has a stronghold in the stat
e. Purchasing a retail business extends the benefit of getting access to a well set-up shop loaded with fixtures and furniture. Its visibility and popularity among the local people makes it a lucrative opportunity that should not be missed by a seasoned investor. You can find the perfect one for yourself by following the link below:
7. Café and Coffee Shops For Sale
Café and coffee shops are a big hit among all the age groups, ranging from teenagers to young professionals and retired couples. There is never a dull day inside a coffee shop. Whether people are in need of their morning dose of caffeine or a late evening hot cup of freshly brewed coffee, these cafes never disappoint them.
They extend a money-spinning opportunity to entrepreneurs and do not have any huge overheads. It is a fairly easy business to manage and grow. If you wish to own a shop which serves the best brews, then look for the listings here:
With a huge population and a staggering economy, the state of New York opens up the doors of opportunities for budding entrepreneurs. A leading center for multifarious industries, it is an ideal place to invest and reap its rewards. So go ahead and try your luck with these seven latest businesses for sale in New York.