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Asking Price$275,000
Revenue$500,000 Established1930
Cash Flow$90,400 Employees1 full, 0 part
FF&E$0 FranchiseNo
Inventory$350,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
are $500,000 a year, ($10,000 a week), and Lotto commissions are an EXTRA $120,000 a year! This 3,000sq. ft. store is fully stocked with $35,000 worth of inventory. This convenience store sells coffee, beverages, cigarettes, tobacco, vapes, and FOOD. Other income comes from a clothing donation bin ($3,600/year not included in gross sales). This is a very simple operation. This business requires one person to be present at all times. The owner works when he can and has one full time employee. There is plenty of parking for customers. Everyone at the store is very friendly with the customers. There is a very diverse clientele and located in a very safe neighborhood. Locals love this store. All the way from school kids to the adults. This store is highly visible from the street and the name is well known. The owner is looking to move on to other ventures after running the business successfully for many years. The seller will stay on for a while to provide a smooth transition, train, and introduce locals to the new owner. The owner is very transparent and can substantiate his numbers during due diligence. Lease terms wont be a problem as the real estate has to be bought along with the business. The rent expense you see listed is based off of fair market value. If interested in the business, you will be able to work out the real estate with the seller.This business has been established for over 30 years, and seller believes there is still room for a dedicated owner operator to increase the business by at least 50% by the end of the first year. Seller is not focused on this business and not running it to its full potential. Also, a MAJOR competitor is relocating, so you will soon increase market-share automatically and raise your numbers. This is a solid opportunity for convenience store buyers.

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Seller Financing:165,000.00 Down & $110,000 @ 6% for 48 months
Sale Reason:New Business
Ad #114836
Seller Reference #32939
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Vested Business Brokers
Vested Business Brokers
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