Profitable Convenience Store with Lotto

Palm Beach County, FL

Profitable Convenience Store with Lotto
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Asking Price: $179,000

Cash Flow: $86,651

Gross Revenue: $395,830

EBITDA: $86,651

FF&E: $40,000

Inventory: $40,000*

Rent: $2,450 /Month

Established: 1998

*not included in asking price.

Profitable Convenience Store with Lotto

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Business Description

Very well situated convenience store on main road in central Palm Beach County. Offering an assortment of food, snacks, soda, beer, wine, soda, lotto, bill payments, tobacco, check cashing, western union, and phone cards. Owner operated by husband/wife team who are retiring after 21 years in same location and ownership. Great long term lease thru 2025 of $2450/month in rent for 2,000 sq ft space (landlord will give renewal option to qualified buyer). Ten bay coolers, security cameras, protected glass, and good lighting in store. Excellent signage and parking. Advertised sales and income would be much higher if owners had not gone on vacation for 30 days in 2018. Asking price of $179K does not include approximately $40K of inventory (subject to fluctuation). Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form is required.

Detailed Information

Location:
Palm Beach County, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
two weeks
Reason for Selling:
retirement
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(from currently available funds)
 
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martin berliant

Business Listed By:
martin berliant

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