Business Summary

Financials
Asking: $114,900

NOT Included in the Asking Price:
* Inventory: $20,000
* Real Estate: $449,000

Gross: $250,000
Cash Flow: $60,000

Summary Description

This is a small convenience store with lottery located on a street that is a short cut to major streets in the area. The hours are7am to 8pm 6 days and 8:00am-5:00pm Sunday. There is ample parking. Rent is $1,100, lottery commission is approximately $28,000 The Real Estate is available for $449,00 consisting of one 2 bedroom apt rent $1000, and one 3 bedroom rent $1,100 and the store.$1100. Equipment list 2 single door True coolers,2 2door coolers,shelving, new camera monitoring system, etc., service counter, cash register, credit card machine. The cash flow on this listing does not reflect any payroll. Each owner will determine the amount of hours they want to work. This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information. This is SALES PURPOSE ONLY.

General Information
Employees: 1

Market Outlook
Competition: There is no convenience store on this street.

Growth and Expansion: Can expand the size of the store

About the Sale
Support/ Training: Will train new buyer
Reason Selling: other interest

Property Details