$96,000 NET #10 Beer And Wine Convenience Store

Business Overview:

This well established convenience store has a lot of foot traffic and has a very solid customer base. The sale is due to the seller wanting to retire after owning the store for 20 years. This store has a great lease rate at $2,600 per month with all NNN expenses included as well as water for 1,975 square feet The expenses are low and the owner and a part time employee run the store currently. The store does very high margins and the has tons of potential to make even more money with a dedicated owner. The store also does around $40,000 in lottery sales a month at 6.5% margin and the rest of the store does about $40,000 a month in sales as well. The seller is also offering amazing seller financing terms at $150,000 down and $100,000 for 3 years at 8.5% with $35,000 worth of inventory included in the price. At the price and net and terms this will go quick.

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Property Features and Assets:

1,975 square feet storefront in the middle of a busy strip center with corporate tenants surrounding the plaza.

Market Competition and Expansion:

Tons of room for growth with more inventory and maybe some smoke shop items.

Reason for Selling:

Retiring.

Additional Details:

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