Retail - Convenience Stores | Retail - Liquor Stores

$Seller Financing Available

Asking Price	$120,000	Inventory	$15,000*
Gross Income	$432,000	Real Estate	$180,000**
Cash Flow	Not Disclosed	Year Established	2005
FF&E	$10,000*	Employees	1 f/t, 2 p/t

* included in the asking price

** not included in the asking price

According to this owner, this is a small neighborhood convenience store in south Memphis which has been established for three and a half years and an excellent opportunity for a mom and pop team, a family or first time buyers. The customer base consists mostly of neighborhood patrons; however, the owner gets some business from street traffic as well. The owners gives a prospect a chance to purchase the business with real estate or just the business only. Owner states this store generates an average of $1,000 per day and that she works there daily from 9am to 3pm. She has another store which she operates with her husband and they do not have enough time to spend with their children, thus, the reason why she is selling. Days of Operation: Six days, Monday thru Saturday 9:30am to 9pm Inventory @ cost included in sale: $15,000 Overall mark up: 35% Average Monthly Expenses: Rent: $2,000 Utilities: 1600 Insurance: 300 Wages: 2600 Telephone: 200 Garbage: 95

Facilities: Seller will sell just business for 120K or bus. + real estate for 300K.

Seller Financing Available: Yes

Financing: Seller Financing is available. Inquire for more details!!!

Support/Training: Seller will train new owner for a mutually agreed upon period of time.

Reason Selling: Needs to spend more time family