Retail - Convenience Stores

Asking Price	$799,000	Inventory	$20,000**
Gross Income	$600,000	Real Estate	$550,000*
Cash Flow	$132,000	Year Established	N/A
FF&E	$60,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This convenience stroe is on the Ma,/RI border. The store is the first store entering RI*. The size of the Store is 1,600 s.f. These stores where formally "Cumberland Farms". prking is for 19 cars. corner location at a traffic light. Costo of Goods is 18% on cigaretts and 30% on grocery. The cost of good is $448,000 = $152,000 lottery commission of$65,000 total gross sales = $217,000 before operating expenses payroll $60,000,water $600,electric$15000,,Bank charges $2400, telephone $600, miscelllanours $2400,real estate tax $4000 The Cash flow is before any rent or mortgage payment. This depends on the Buyer's down 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warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market.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.

Competition: Not many in area.

Financing: None

Reason Selling: health reson