Business Overview:
Money Making Store in the heart of huge residential area, Cash register never stop ringing full of merchandise, very steady customers, owner did apply for WIC program and for Lottery, very small over head and very easy to run, have a small section for hot food and is doing very well, mixed area but very safe. Have a basement with a walk in box for storage.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1,300 Square Feet with street parking, 20years of lease, rent is fixed for the first 5 years then increase $50 for each additional year.
Market Competition and Expansion:
Normal competition but New owner can have WIC, Lottery, ATM, which will increase the cash flow with at least $50,000, Location is approved and the owner started the process already.
Reason for Selling:
Relocating
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.