Tobacco Shop/Convenience Store with Lotto

Geneva, NY (Ontario County)

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

Cash Flow: N/A

Gross Revenue: $340,000

EBITDA: N/A

FF&E: $35,000

Inventory: $35,000

Lease Rate: $5.76 /SF/Year

Established: 1932

Tobacco Shop/Convenience Store 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:
1 FT / 3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,500 sq. ft. building. Newly renovated store enjoys lots of free street parking and access to a free municipal parking lot with access to its rear door entrance. Lease is $1,200/month which includes taxes.
Competition:
Located in downtown Geneva, the store enjoys plenty of foot traffic and is close to restaurants and specialty shops.
Growth & Expansion:
~Expanding operating hours ~Creating a web site and getting involved in social media ~Expanding inventory to include beer, wine, vape products and the usual convenience store items to generate higher revenue and profits
Support & Training:
The seller offers a minimum of two weeks’ training to provide for a smooth transition.
Reason for Selling:
Owner has other business interests.
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Contact the Seller

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Blair Sibley

Business Listed By:
Blair Sibley

Klassen Ingalls

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Sponsoring Broker:
Arthur Kaempffe

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