Established profitable with loyal clients, large lottery sales, top area, bus stops by store, plenty of parking. Sells cards, cigarettes, sodas, newspaper, convenient items etc. Potential to grow add ice machine, sell ice cream, sell eggs, bread, coffee, tea, pastries, cold cut sandwiches, additional stationery items, extend operating hours. Other income is $ 75,000 from Lottery and $ 1,800 from ATM
- Asking Price:
- $285,000
- Sales Revenue:
- $292,600
- Cash Flow:
- $141,740
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
5 year lease with 5 year option
- Premises Details:
-
900sq ft with basement, plenty parking, small mall, very good area, bus stops by door, near Walgreens, equipment in good condition, lease 5 years plus option 5 years.
- Size in square feet:
- 900
Business Operation
- Expansion Potential:
-
Can add ice machine, add ice cream service, add stationery items, magazines, serve coffee & tea, pastries for breakfast, cold cut sandwiches for lunch and extend store operating hours
- Competition / Market:
-
none around the area.
- Trading hours:
-
7 days a week
- Employees:
- 1
- Years established:
- 2006
Other Information
- Support & training:
-
Will provide 2-3 weeks training
- Financing available:
-
Will provide financing for $50,000 for 2 years @ 6% interest rate.
- Furniture / Fixtures value:
- $25,000
- Inventory / Stock value:
- $25,000
