Retail - Convenience Stores

Asking Price	$160,000	Inventory	$35,000**
Gross Income	$519,000	Real Estate
Cash Flow	$118,452	Year Established	1990
FF&E	$70,000*	Employees	2

* included in the asking price

** not included in the asking price

ESTIMATED GROSS SALES: $519,000 X 22% PROFIT = 114,160. +LOTTERY COMMISSION $17,000+ INCOME FROM ATM $1,800. CIGARETTE PROMOTION INCOME $7,200 + bUY DOWN INCOME $10,400. DISTRIBUTOR KNICK BACK $4,200+ WESTERN UNION COMMISSION $480. COOLER DISPLAY INCOME $2,500. TOTAL INCOME $157,860. OPERATING EXPENSES: RENT $22,716. INCLUDES R.E. TAXES,WATER $168.,TELPHONE $996., ELECTRIC $10,200. TRASH $996.,INCURANCE $1,332.,maintenance $3,000, TOTAL OPERATING EXPENSES; $39,408 OWNER;S NET BEFORE PAYROLL $118,452

Facilities: This store is located in a small town . west on route 44. the store is approximately 1200 sq. ft with parking in front and the sides. .

Competition: Only one other store in area.

Growth/Expansion: There are only two stores in the area.

Financing: None

Support/Training: Will train new buyer

Reason Selling: Downsizing His Convenience Store Operations