"TRUE" Neighorhood Convenience Store

Saint Petersburg, FL (Pinellas County)

One of a kind-"TRUE" neighborhood store
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Asking Price: Get Financing: $250,000

Cash Flow: $166,025

Gross Revenue: $1,032,600

EBITDA: $166,025

FF&E: $50,000

Inventory: $75,000*

Established: 1997

*not included in asking price.

"TRUE" Neighorhood Convenience Store

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Business Description

A "TRUE" neighborhood store

High volume store doing $80,000 monthly in Gross Sales. Lotto/Lottery monthly commission is a "WHOPPING"$ 4,000.00! surrounded by huge single family homes and very little commercial makes this a "TRUE" neighborhood business! Seller operates store100% absentee but still takes $ 36,000 in checks for salary.

Detailed Information

Inventory:
Not included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Single standing building which the owner (Seller) has added LED Lighting inside and outside. Plenty of parking, the inside is set up as a grocery store without vegetables or meats. A true neighborhood convenience family grocery store.
Competition:
No competition, no same like store that offers all family needs.
Growth & Expansion:
Buyer can add a pay station for payment of electric, cable, etc. This will bring in additional customers.
Financing:
Inventory financed for 12 mths. at 6%
Support & Training:
Seller or it's agent ill train for 7 days at no expense to the Buyer.
Reason for Selling:
Has too many locations.
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Contact the Seller

(from currently available funds)
 
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Linda Weinstein

Business Listed By:
Linda Weinstein

Florida Business Group, Inc.

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