$Seller Financing Available
| Asking Price |
$139,000 | Inventory |
$45,000** |
|---|---|---|---|
| Gross Income |
$860,299 | Real Estate |
|
| Cash Flow |
$53,747 | Year Established | unk |
| FF&E |
N/A | Employees | 1 pt, 1 ft |
* included in the asking price
** not included in the asking price
Well established and profitable. Owner is willing to give the buyer the right of first refusal to purchase the property. 2 1/2 years left on shell contract. Accepts food stamps. Owner is willing to hold some financing for a qualified buyer. Turnkey operation. On the premises, there a sub-shop/deli that pays rent and are on a month-to-month lease. New buyer can either keep them or take over the operation. INCOME GASOLINE: 160,000 gallons x 0.065/gallon = $10,400 C-STORE: Sales $360,000 x 0.35 = $126,000 ATM COMMISSION: $3,600 LOTTO COMMISSION: $6,875 WESTERN UNION: $500 DELI S RENT: $700/month x 12 = $8,400 GROSS PROFITS $155,775 EXPENSES RENT: $36,000 PAY ROLL: $19,200 INSURANCE (BUSINESS): $2,937 INSURANCE (UNDERGROUND TANKS): $2,953 UTILITIES (GAS & ELECTRIC): $18,653 BANK CHARGES: $614 CREDIT CARD CHARGES: $14,190 GARBAGE: $1,032 ACCOUNTING: $1,200 SECURITY ALARM FEES: $360 TELEPHONE: $1,100 TAXES & LICENSES: $3,789 TOTAL EXPENSES: $102,028 GROSS PROFITS $155,775 TOTAL EXPENSES: $102,028 NET PROFIT $53,747 AMATO & ASSOCIATES IS NOT RESPONSIBLE FOR THE ACCURACY OF THE FINANCIAL NUMBERS. ALL NUMBERS MUST BE VERIFIED BY BUYER DURING THE DUE DILIGENCE PERIOD.
Facilities: Clean, bright and fully stocked.
Competition: Competition is there and has been for about 4 years. The financial numbers you see is what you get. There is no down side potential for this business.
Growth/Expansion: This makes an excellent start up business for anyone.
Seller Financing Available: Yes
Financing: Seller is willing to hold financing for a qualified buyer
Support/Training: Seller is willing to train new buyer for a period to allow for a smooth transition.
Reason Selling: Seller out grew the business and looking for bigger opportunities.

Mitri S. Habash
(302) 224-7720
Amato Associates
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