Business Overview:
This store is located on main street is approximately 2,000 sq. ft. with basement. Hours: 7am-10pm, 7 day operation. There is curside parking and parking in the rear.
Estimated Sales: grocery $500,000; net lottery commission $22,000 net; ATM $10,000 . Estimated gross sales: $532,000. Estimated operating expenses: Cost of goods (27% of $500,000 $365,000; Rent $48,000; Water $600; Insurance $1,200; Electric $12,000; Gas $600; Phone $600; miscellaneous $3,000. Estimated total operating expenses $322,400. Net before payroll is $101,000.
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 $75,000 is included in the asking price.
Market Competition and Expansion:
Growth/Expansion: This store was approved for a Subway Franchise at one time..
Reason for Selling:
Other interests.
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.
Resources: