Retail - Convenience Stores

Asking Price	$565,000	Inventory	$40,000**
Gross Income	$300,000	Real Estate	$420,000*
Cash Flow	Not Disclosed	Year Established	1940
FF&E	$60,000*	Employees	2beer & wine/lo

* included in the asking price

** not included in the asking price

FREE STANDING BUILDING WITH IN FRONT STORE PARKING. THIS IS A CONVENIENCE STORE WITH BEER & WINE, LOTTERY(CAN APPLY FOR KENO LICENSE AMPLE ROOM. THE STORE WAS ESTABLISHED 70 YEARS, CURRENT OWNER HAS STORE OPEN ONLY 6 DAYS. HOURS OF OPERATION 7AM-8PM.MONDAY-FRIDAY, 8:30 AM-8 PM SATURDAY. THE SIZE IS 2,739 SQUARE FEET, ON 17,000 SQUARE FEET LOT AREA. EQUIPMENT: 8 FT DELI CASE,BERKEL SLICER, DIGITAL SCALE 2 (3'X4' ) STAINLESS STEEL UTILITY TABLES,HOT DOG ROLLER GRILL8 DOOR WALK-IN COOLER, ICE CHEST, 2 WALL AC UNITS, CASH REGISTER, MISCELLANEOUS SHELVING , ESTIMATED GROSS SALES $300,000 + LOTTERY COMMISSION $50,000. ESTIMATED OPERATING EXPENSES COST OF GOODS (72%)= $225,000 INSURANCE 2,500 REAL ESTATE TAX 3,636 ELECTIRC 6,000 OIL 500 WATER 150 SUPPLIES 1,000 ESTIMATED TOTAL $238,286 THIS OPERATION WILL NET THE OWNER APPROXIMATELY$110,000 BEFORE ANY WAGES AND MORTGAGE PAYMENT. This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information. This is SALES PURPOSE ONLY.

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Competition: THIS STORE IS OFF ROUTE 70 IN WORCESTER COUNTY. THIS IS A LOCAL STORE SERVING THE IMMEDIATE AREA.THIS STORE ONCE DID A GOOD BUSINESS IN DELI AND SANDWIICHES.

Growth/Expansion: Could start this kind of food again. there are deli case and slicer, etc. for this ikind operation.. there are many trucks that come to this store because of parking on the side of the road.only the only negative is taht is is hard to see from the highway in the summer due to the trees. gross sales is $300,000 + $50,000 lottery

Financing: none

Support/Training: Will train new buyer

Reason Selling: Other Interest