Business Overview:
This convenience store is available with a two (2) family house. The store is attached to the house. There is ample parking. This is a busy street.
Estimated Gross Sales: $245,000. Cost of Goods: $245,000 x 30 @ = $73,500 + Lottery Commission of $26,325,+ ATM Income of $1,600, Distributor Kick Back is $2,200. Income from cooler displays is $1,700. Total Net Income: $106,825. LESS estimated operating expenses: rent $14,400 + telephone $480 + electric $6,000 + trash $660 + maintenance $2,000 + insurance $1,428 + Accountant Fees = TOTAL OPERATING EXPENSE BEFORE PAYROLL $25,738 = NET PROFIT IS $81,087 BEFORE ANY PAYROLL.
This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information. This is for SALES PURPOSES ONLY.
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:
FF&E of $20,000 is included with the asking price. Real Estate is available for an additional $430,000.
Market Competition and Expansion:
Competition: No competition on this street.
Growth/Expansion: The store can have other items added to increase sale.
Reason for Selling:
Downsizing.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: