Convenience Store for sale
Has license for: Cigarettes, Lotto, Beer, EBT
No Grill or Hood but easy to convert.
Owner is semi-absentee has family members working it. Maybe goes in 3-4 days a week make sure all ok. He does have a full time job.
Reason for selling- Moving out of state
Seller very motivated!!!!
Total Sales $424,184 ( est. $130k cash, $294,184 recorded)
Cogs $114,000
Rent $81,600 10 year lease 8 1/2 left
Employee payroll $96,000 ( paid cash)
con ed $18,000
Trash $1728
net approx $112,856
1.7x multiple
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
