Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price	$49,000	Inventory	$10,000**
Gross Income	$281,000	Real Estate
Cash Flow	$51,000	Year Established	1980
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

This is a long established, full service convenience store with branded gasoline and diesel sales (pay at pump). The store sells Food, Health and Beauty products, Coffee Service, Beer, Cigarettes, and Lottery Tickets. Currently owned by a multi-store corporate chain which has additional expenses that an owner operator would not have. In-store sales in the 12 months ending July 31, 2009 were $281,528 with monthly sales on the increase. Seller's Cash Flow of $51,000 is BEFORE ANY PAYROLL EXPENSE. Gasoline sales are paid to the business owner as 2-3 cents per gallon commission. Gas sales have averaged 13,500 gallons per week during the same 12 month period. There is room to add a deli counter or Pizza operation and landlord will provide some monetary incentives, to be discussed with landlord. The store is very clean and has very good lighting. It is on a busy street in a large city in NH which has high traffic flow, in a commercial and residential area. Included in the sale are all the physical assets, rights to the lease, as well as 1 week of training. This is an excellent opportunity to purchase a well-established Convenience Store with gasoline and diesel sales at a reasonable price with seller financing, low overhead, and with lots of upside potential! Contact John for details.

Facilities: The business leases approximately 1800 sq. feet. There is a new 3 year lease with renewal options for the new owner. Rent will be $250/week ($13,000 per year). Lease renewal increases will be agreed to between new owner and landlord or based on CPI. A refundable deposit in the amount of $20,000 will be required from new owner.

Growth/Expansion: May be achieved by adding a Pizza/Deli Operation. There is potential to increase margins by buying direct from wholesale clubs. Also sales can be increased by expanding hours.

Financing: Seller will finance 50% of total selling price. Term negotiable.

Support/Training: Seller will provide 1 week of training immediately prior to closing.

Reason Selling: This is a corporate-owned business better suited for independent owner operator