C Store that will make you rich seller must sell financing as well

Orlando, FL (Orange County)

Seller Financing Available
C Store that will make you rich seller must sell financing as well

Asking Price:$150,000

Cash Flow:$164,160

Gross Revenue:$1,020,000





*not included in asking price.

C Store that will make you rich seller must sell financing as well

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Business Description

Business Description
Tremendous C store located in one of the most ideal areas of Orlando for this type of business that is grossing $85,000 (not including Lotto sales) a month, with a lotto sales commission of an average of $2,150 a month that is steady month after month. Lotto almost pays half of the rent and the store is run by the staff and the sellers son, Seller is absentee at this moment as his wife is very sick but has loyal staff that will stay if required. This store is Ideal for a family and with the addition of check cashing will greatly increase profits as this service is badly needed in this area but you need to be an owner to have the available cash and to watch what is going on with this type of service. Located close to two large blocks of apartments that use this store as if it was a Pub-lix supermarket. This store will earn over $160,000 a year to a working owner. Seller must sell and is willing to finance a buyer with inventory and part of the business price. if you are looking to get a bargain this is for you.

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities: 3,000 square feet, free standing building with one other tenant that is on a main road in West Orlando. Very well laid out and fully equipped clean store that used to be a Seven Eleven with walk in cooler and plenty of shelving and display cabinets. Also has a very good closed in security area for the night time staff. Rent is $4,862 per month until 2022 (total with property tax and sales tax $5,500 per month) then with a 5 year option. Lotto of $2,150 commission almost pays half the rent. Sales are very steady month in and month out. Ideal for a family operation. This store is safe as there is always people outside or in the store.
Competition: A new buyer can offer check cashing as well as money orders to help with the bottom line. Close by are two large blocks of apartments and this business is in the right demographics for a C store. A store that was opposite and further down the road, closed and will eventuality re-open, but this should have no bearing on sales as the loyal customers from the apartments on the same side will not cross the road and travel up the road and pay more, or even less. A new gas station is also coming on Silver-star road and again the customers that are struggling to keep up with expenses and a lower income are not going to walk half a mile or allow there children to have to cross a very big busy main road so this store is very safe from any further competition.
Growth & Expansion:
Adding more services like a deli would help as it has room and did have one for many years before the previous owner stopped it as he was absentee and could not control the food cost.. As the seller is selling he has not increased the inventory and this is going to hinder profits. The store always had more tee shirts and caps along with other clothing items that were very profitable and gave the store a very good look.
Seller will finance the Inventory and part of the selling price with $140k down
Support & Training:
Training/Support: Seller will train and assist in an orderly hand over. Also pass over all vendors and know how on running a store of this size and in this area. One member of the staff had been there for over 20 years and know everyone in the apartments and families that surround the store and may be willing to come back if needed !.
Reason for Selling:
Seller has a very sick wife and is almost absentee and has reduced the price !.

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John Price & Associates

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John Price & Associates

John Price Broker & Associates

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