Retail - Convenience Stores | Retail - Other Food Stores

$Seller Financing Available

Asking Price	$239,000	Inventory	$40,000**
Gross Income	$504,500	Real Estate
Cash Flow	$162,068	Year Established	N/A
FF&E	N/A	Employees	2

* included in the asking price

** not included in the asking price

Long standing business in the heart of the business district in Worcester. Lottery profit is $56,000 per year!! This shop is famous for selling almost every popular magazine in circulation and is an extremely well located convenience store as well. In additional to all the popular periodicals, the store sells lottery, tobacco and standard convenience items. The store s profit margins are very high. Standard magazines earn a 25% gross margin. Adult magazines and videos earn a 60% 70% gross margin. Tobacco products such as cigars earn a 50% gross margin and cigarettes earn 20%. Most beverages enjoy a 50% gross margin. See specific breakdown in table below. The store hours of operation are Monday through Saturday 5:30am until 6:00PM and Sunday from 7:00am to 4:00pm. The business has been at this location for many years. Inventory: Approx $25,000 (not included in asking price) Lease information: The current lease terminates in 2017 with only small rent increases each year. Rent: $1920.00 per month includes all property taxes, heat and water.

Facilities: Downtown location. Very nice area. Aprroximately 1500 S.F. Plenty of street parking. Lots of walk-by pedestrians in the area bring in plenty of business.

Growth/Expansion: Turn-key business. New owner can come in and just keep the business coming.

Seller Financing Available: Yes

Financing: Only if buyer is able to provide adequate collateral/security for loan.

Support/Training: Seller training is possible.

Reason Selling: Seller lives in the Boston area so this location is very inconvenient for hiim.