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Asking Price$1,660,000
Revenue$1,500,000 Established1998
Cash Flow$498,036 Employees1 full, 4 part
FF&E$100,000 FranchiseNo
Inventory$100,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Convenience store (with beer sales) for sale. This spot is in a great location. It is found in a heavy residential area with limited competition. Recently updated, this store is very clean, and busy all day and night. This is a turn-key operation- step in and make money. There is fantastic foot traffic, and seven parking spaces. This is an easy operation, that makes a 35% gross profit on store sales, with a particularly high margin on craft beers. This is the #2 lottery store in Philadelphia. Lottery sales are 45k/week, generating 120k commission last year. Keno was added this year. Add wine license, cigars and vape equipment and generate even more income. Store does small deli business- hot food should be added. Many opportunities here to increase business. Lease has 12 years and a 5-year extension, with no rent increase for 17 years. All numbers are computerized and verifiable. The seller can print reports in minutes to show the sales and profit. A qualified buyer will be allowed, as an employee. to observe and work the business for 30 days, as part of due diligence. Serious buyers only. Seller will finance the inventory (of about 100k) for 3 years. Perfect for an established convenience store organization that can raise, or has, the cash. This is not a franchise location. Seller has other business interests, and desires more family time. They currently work 50 hours, weekly.

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Training/Support:Seller will train buyer.
Seller Financing:1,660,000.00 Down & Inventory financing available.
Sale Reason:Seller wants more time with family.
Ad #100654
Seller Reference #30710
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Vested Business Brokers
Vested Business Brokers
877-735-5224
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