Good, Better, Best generally describes getting the most for your money. When there are so many similar businesses to choose from it often comes down to 'Bang for the Buck'; that is, get the most earnings you can for the least amount of money. If so, 'Best' certainly describes this business. The annual cash flow is $70,000 and it may well be that but his annual grocery sales are $350,000 and 20% net cash would be ordinary for that level of sales particularly in a poorer community where margins are typically higher. Plus, he makes sandwiches which carry a higher margin and he does $21,000 net in lottery sales. There may be some hidden profits here. In this case, discovery may prove exciting. I leave that to you. Also, the seller's cash flow is based on shortened hours; he now closes very early on Saturday and he cut out Sunday entirely. 90 hours per week were shortened to 70 in doing so. The owner wants out; he is anxious to retire and move to a warmer climate and to be near his Texas family. Please contact the broker at 1-877-735-5224.
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