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Business For Sale
BUSY, PROFITABLE CONVENIENCE STORE
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Asking Price: |
$239,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Conv & Food Stores
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Reason for Selling:
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Building hotel in New Jersey |
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Yearly Cash Flow:
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$102,000 |
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Yearly Gross Income:
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$850,000 |
Business for Sale Overview:
Busy convenience store and gas station located off Route 95 in Rhode Island. Convenience store annual revenues exceed $800,000. Annual gas volume is $360,000 gallons @$.06 margin. Owner's cash flow (passive investment for him) exceeds $102,000; would be higher for an owner operator. Lottery income is $20,000 and ATM generates another $8,000 in income.
Property Features and Assets:
Double canopied gas station with four pumps and 1,800 square feet single story convenience store.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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.
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