Absentee Owned Convenience Store with Lotto

Not Disclosed, FL
Palm Beach County

Palm Beach County


Asking Price: Annual Revenue:
$225,000 $723,136

Retail: General Merchandise - Retail


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RE: Absentee Owned Convenience Store with Lotto Broker: Martin Berliant

Quick Facts

Asking Price: $225,000
Annual Revenue: $723,136
Net Profit: $117,916
Cash Flow: $117,916
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 3
BBN Listing #: 359229831
Broker Reference #: Not Disclosed

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Business Overview:

Absentee owned convenience store along highly visible main road in central Palm Beach County. Store averages $57,000/month along with another $600/week of profits from lotto. Long term lease in place through 2029. Rent is $4,100/month. Store is 3,000 square feet which includes two spacious back rooms, 20 cooler bays, and office. Offers beer and wine, food, beverages, apparel items, jewelry, tobacco, lotto, and two licensed game machines. Three employees with rotating shifts (including one manager). Hours are 7am-11pm; 7 days per week. Asking price of $225,000 does not include approximately $60,000 of inventory (at cost). Please contact Martin Berliant or email for more information. Nondisclosure form is required. Please use email reply button of this ad to contact us.

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Reason for Selling:

Retirement

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.

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