Retail - Convenience Stores | Retail - Other Food Stores

Asking Price	$90,000	Inventory	$5000**
Gross Income	$500,000	Real Estate
Cash Flow	$32,000	Year Established	1984
FF&E	$20,000*	Employees	3

* included in the asking price

** not included in the asking price

The building has converted from UNH rental units to condominium residential units (the 900 SF market can be purchased as a retail condominium, not included in the offer). The neighborhood is changing to such an extent that $9 - $12 bottles of wine are now common sales. Five years ago the other stores in the block were a tattoo parlor and a pawn shop, today the neighbors are an art gallery/framing shop and an oriental gift shop.

Facilities: Downtown location, 900 SF store has volume of foot traffic next to city hall, 20,000 vehicles per day.

Competition: Growth area, surrounded by town offices, across the street from senior complex, waterfront being developed, competition is gas stations with c-stores

Growth/Expansion: Loction needs expanded food offerings, current owner doesn't have the energy to expand

Financing: Up to 50% of purchase price

Support/Training: Owner will train.

Reason Selling: Moving on after 24 years