Retail - Convenience Stores | Services - Drycleaning/Laundry

Asking Price	$500,000	Inventory	$25,000*
Gross Income	$500,000	Real Estate	$395,000*
Cash Flow	$110,000	Year Established	N/A
FF&E	$80,000*	Employees	N/A

* included in the asking price

** not included in the asking price

THE COMPANY The Shortstop Market and Laundry is celebrating their 10th anniversary this year, posting sales increases every year. In 2007, gross sales moved over the $500,000 mark. The location has now established itself as the neighborhood market more than a convenience store and the location is only enhanced by the State-of-the-Art professional ball park, Melaleuca Park in the summer of 2007. The addition of a freezer unit, expanding the walk-in cooler, setting up a deli area, and offering a wider product mix has all improved gross sales. The owners are installing additional security and a new Point of Sale system to improve overall store profits. Both of the owners work full time in demanding careers and do not manager or oversee the store on a day-to-day basis. An owner-operator would see an immediate improvement in operating profit with day-to-day supervision. THE LOCATION The +/-4,000 square foot building was completely remodeled in 1999-2000; new steel with 20 year warranty, new sheet rock walls and ceiling, new plumbing both gas and water for the laundry and store, and professional grade stucco exterior. In fact the store had an appraisal done in spring of 2008 that valued the land and building at $395,000; this was done prior to completing the just updated interior lights. The location is more than a seasonal supplier for the ball park and now with the closure of the Saving Center that has been the neighborhood grocery store for 40 years, the demand for product at the Shortstop has grown as never before. The owners are motivated to sell and have not changed the interior of store to accommodate the demand. There is a 364 square foot office that is not utilized and the 1,897 square foot laundry does not post as high of a price per square foot as the store and should be consolidated to meet the demand.