Retail - Convenience Stores

Asking Price	$209,000	Inventory	$35,000*
Gross Income	$450,000	Real Estate	$100,000*
Cash Flow	Not Disclosed	Year Established	1986
FF&E	$50,000*	Employees	2

* included in the asking price

** not included in the asking price

A great store with limited competition that provides a needed service to the neighborhood. The property has ample room in the rear to be expanded if desired. The business sits directly across from a city park. The equipment is in excellent condition. The store takes WIC and Food Stamps. Residents also pay utility bills at the store and purchase money orders on a regular basis.

Facilities: The building is an older two story building with siding. There is off street parking directly in fron of the store and ample on street parking. The store has two walk in freezers, several coolers, meat display cases, shelving, equipment for cutting and preparing fresh meat, and other small equipment. There are two small apartment spaces in the second level that need renovation, but could be rented once made ready.

Competition: The building (60' x 30') sits on a corner lot in Western Louisville. There are not any convenient stores nearby. This store has been a part of the neigborhood for more than 20 years.

Growth/Expansion: The current owner is unable to prepare the fresh meat sales due to his medical condition. This was previously a large part of the overall monthly sales. Adding fast food, e.g. fried chicken, could also improve sales volume and profits.

Financing: Owner will consider to qualified individuals.

Support/Training: The owner will assist in training as needed.

Reason Selling: The owner has a severe medical condition.