Tobacco/Magazine Shop with Lotto

Ontario County, NY

Seller Financing Available
Tobacco/Magazine Shop with Lotto
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Asking Price: Get Financing: $250,000

Cash Flow: $98,771

Gross Revenue: $317,276

EBITDA: N/A

FF&E: $35,000

Inventory: $35,000

Lease Rate: $5.76 /SF/Year

Established: 1932

Tobacco/Magazine Shop with Lotto

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Business Description

~ Highly profitable shop in the heart of the Finger Lakes region
~ Plenty of foot traffic
~ Close to restaurants and shops

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,500 sq. ft. facility. Plenty of available parking. Lease is $1,200/month which includes taxes.
Competition:
There are a few other businesses in the area that compete in some small ways with this business.
Growth & Expansion:
~ Recommend expanding the hours ~ Suggest creating a web site and getting involved in social media
Financing:
With $125K down, seller will finance the balance over 8 years @ 7%.
Support & Training:
The seller offers a minimum of two weeks’ training to provide for a smooth transition.
Reason for Selling:
The seller is pursuing another opportunity, but must sell this business first.
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Contact the Seller

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Dave Bradia

Business Listed By:
Dave Bradia

Klassen Ingalls

Show Phone Number

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Sponsoring Broker:
Arthur Kaempffe


Listing Statistics for Premium Members

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