Retail - Convenience Stores

Asking Price	$225,000	Inventory	$35k product-20k gas**
Gross Income	$4,376,000	Real Estate
Cash Flow	$75,000	Year Established	1960
FF&E	$250,000 approx*	Employees	3

* included in the asking price

** not included in the asking price

This c store has a very good neighborhood feel. Seller has upgraded food area. Cashflow is based on the new owner working as an absentee owner and not putting any hours behind the counter. This store is SHELL branded store. The inside gross sales for 2009 are going to be approx. $720,000. This figure does not include sales from lottery and sales of cigarettes. 1,500,000 (which includes cigarette and lottery). The cashflow of $75,000 is based on an absentee owner .

Facilities: Rent is $4,154 gross per month with 2000 square feet. There are 3 pumps and two in ground tanks. This is a branded gas station. rent is $4,154.00 gross per month.

Competition: There was a Super America station a few blocks away, which has closed down in 2007.

Growth/Expansion: Seller has added upgraded postal services,and food counter and area. Inside sales and gallons of gas are up approx. 10% in 2009.

Financing: seller will carry back note with $50,000 dn+p/n for inventory

Support/Training: Seller will provide training to buyer.

Reason Selling: relocating