| Asking Price |
$65,000 | Inventory |
$5,000** |
|---|---|---|---|
| Gross Income |
149,276 | Real Estate |
|
| Cash Flow |
$38,672 | Year Established | 2006 |
| FF&E |
$30,000* | Employees | 0 |
* included in the asking price
** not included in the asking price
This is a great opportunity to purchase this business at below market price. This convenient store has a fully equipped deli that is not being used at this time. The store sells phone cards and has lotto, scratch off, keno and race track. An ATM machine is also in place.
Facilities: This 18 month old business in located in a stand-alone building. The Seller purchased all new equipment with a 5 year warranty. There is 3 1/2 years remaining. The business is equipped with two deli coolers, sandwich unit, ice maker, 15 ft coffee service counter, 2 tables and chairs for customers to enjoy keno and race track. Double door cooler and double door freezer and much much more. All new equipment, carpeting and well designed layout of the convenient store. Owners sign was blown down by the wind. New owner must obtain new signage.
Competition: This store is located on busy highway and seller does not capture the early morning or early evening traffic because of illness. New owner would benefit by starting earlier than 8:30 AM and extending beyond 6:00 PM.
Growth/Expansion: CarMax has broken ground directly next door and is targeted to opn in October 2008 with 100 employees. They will be holding auctions 2- 3 days/week.. This adds immediate dollars to the bottom line.
Support/Training: Two weeks
Reason Selling: Owner very ill

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