$Seller Financing Available
| Asking Price |
$350,000 | Inventory |
$20,000** |
|---|---|---|---|
| Gross Income |
$740,535 | Real Estate |
n/a** |
| Cash Flow |
$120,000 | Year Established | 1985 |
| FF&E |
$40,000* | Employees | 0 |
* included in the asking price
** not included in the asking price
The cash flow does not include check cashing fees. They charge 3% of the check amount, some months during harvest season they might cash $50,000.00 in checks. If your looking for a business to grow check this one. The #9 Liquor License for this county is worth $85,000.00.
Facilities: Large retail space with living quarters behind the store. The rent is $2,250.00 per mo net/net/net, it doesn't increase for the next 10 years. The average annual increase in the area is 3%.
Competition: Very little competition, this is the only store with drive-in window and the only one open after 8:30 PM.
Growth/Expansion: Only a small portion of the retail space is being utilized, so, there is room to expand the store. this used to be a convenience store & liquor store. It was doing 1M in sales per year. The seller didn't want employees so he closed the convenience store portion. It could easily be reopened. He currently only operated the drive-in window and doesn't open until 2:30 PM.
Seller Financing Available: Yes
Financing: Seller will carry $250k w/dn pymt of $100k & mo pymt of $5,067 @ 8% for 60 mo
Support/Training: Negotiable
Reason Selling: Moving

Richard Kane
520-623-2002
Kane Business Brokers
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