Retail - Convenience Stores

Asking Price	$490,000	Inventory
Gross Income	$525,000	Real Estate	$350,000*
Cash Flow	$103,416	Year Established	1985
FF&E	$80,000*	Employees	2

* included in the asking price

** not included in the asking price

C-store with beer & wine, lottery & etc. Located in a high rise condo/apartment complex near 7 Corner. Simpler operation to typical c-store. Higher profit margin: Inside profit 45% on all merchandises except phone cards. Business Ownership: Absentee ownership. Business is a weather immune good retail store due to its sole existence in this highly dense urban area. Great opportunity to own a business & property which will bring an excellent money making source years to come.

Competition: This is the only store in the complex. No competition. Absentee owner has over $95,000 cash flow after deducting all expenses. However, prolonging absentee ownership, lack of care and of retail experience have lead to diminishing its potential profit to greater. The business at this strategical location with this monopoly setting should generate a revenue far beyond than current level.

Growth/Expansion: Example: Ample & variety of products, proper merchandising, and dedications from operator will better serve the area residents and drastically revitalize its revenue to $170,000 or beyond to its potential income level in most skilled owner operation.

Reason Selling: Other venture