$Seller Financing Available
| Asking Price |
$579,000 | Inventory |
$70,000** |
|---|---|---|---|
| Gross Income |
$1,044,000 | Real Estate |
|
| Cash Flow |
$200,000 | Year Established | 1989 |
| FF&E |
$80,000* | Employees | 1 |
* included in the asking price
** not included in the asking price
This store is openfrom 6:30am to 12:00pm. Could stay open 24hrs. Plenty space to add more lines of mechandise. Operated by the current owner over 6 years. Large check cashing business bringing in an average of $8000+/-. Average gross monthly sales is $87,000+/- The gross income reflects store sales only. Gas margin is extra and so is check cashing fees.
Facilities: Located in an upscale shopping center serving both residential and commercial customers. Plenty parking and convenient location. Large 14 door walk in cooler. Store is approximately 3800 sq ft. Two MPD's independent station.
Competition: High traffic area since shopping center draws customers for all businesses. There are a few restuarants of a wide variety in the center that bring in clients throughout the day. The center is kept up and well maintained, safe shopping environment.
Growth/Expansion: The seller is proactively always adding to his business. Recently added another slot machine. Adding chicken sales to the deli. Recently reconfigured the counter to make space for the deli. Plenty space to provide more products and services.
Seller Financing Available: Yes
Financing: Seller will carry $200k over 5 years at prime plus 2%
Support/Training: 30 hrs over two weeks
Reason Selling: Relocating to home country

Harry Chrysanthou
775-303-2357
The Russell Group
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