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Residential Convenience Store high cash flow

Lexington, NC (Davidson County)

Residential Convenience Store high cash flow

Asking Price:$119,000

Cash Flow:$94,908

Gross Revenue:$420,000




Lease Rate:$2,000 /SF/Month


*not included in asking price.

Residential Convenience Store high cash flow

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Business Description

Located near both a well known church and school, this residential non-gasoline convenience store is in a great location.
35k inside sales per month
Gross Sales $420,000 year.
Gross Income (After cost of goods) $158820.00
Plus $3000.00 per month in lottery commission.
ATM machine, game machine and U Haul revenue add an additional $9000 per year.
Net Income (After all expenses) $94,908.00

Detailed Information

Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
Stand alone building. Beautiful store and well lit. Parking lot is spacious and clean.
No competition in immediate area.
Growth & Expansion:
Great potential to increase revenue by adding more game machines and opening the deli to serve hotdogs and other hot foods. Excellent asking price for this business.
Support & Training:
2 weeks of training included
Reason for Selling:
Owner has other businesses

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Business Listed By:
Ben Haines

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