Seller Financing Available

Asking Price:

$100,000

Gross Income:

$500,000

Cash Flow:

N/A

EBITDA:

N/A

FF&E:

$100,000.00 *

Inventory:

$30,000.00 **

Real Estate:

N/A

Year Established:

1965

Employees:

1 1/2

Business Types:

Convenience Stores
Other Food Stores

** not included in the asking price

* included in the asking price

Business Description

Here is your opportunity to own your own business with very
little capital investment. High margins and featuring beer, wine,
lotto and groceries, this store has yet to reach it's full
potential. Expanding the hours on Friday and Saturday
evenings should increase sales exponentially. The owner is
anxious and recently dropped the price by $100,000.00.
Health dictates a quick sale. Margins are high and location is
good. Approximately 12 years remain on the lease and there
is a right of first refusal. Property can be purchase for
$225,000.00. Buyer must qualify for beer/wine license
transfer with Michigan Liquor Control Commission. The
Towner Team can assist with all licensing requirements. Visit
our website at www.townerteam.com for additional
information and to view our other listings.

Detailed Information

Facilities:

Same location for decades. About 90% walk-in customers.

Competition:

Excellent location fronting on a main thorough fare just north of downtown Grand Rapids,

Financing:

$25,000.00 down plus inventory and owner will finance.

Support/Training:

Three weeks by owner at no cost to buyer.