Retail - Convenience Stores | Retail - Other Food Stores

$Seller Financing Available

Asking Price	$104,000	Inventory
Gross Income	Not Disclosed	Real Estate	$192,000**
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	N/A	Employees	6 pt

* included in the asking price

** not included in the asking price

This clean neat operation provides patrons with a wide range of convenience items and with a full-service deli. There is a C1 license for beer sales and lottery is also available. This is in a unique location and there is minimal competition. Although the present owner is relatively new, there has been a business in this location for many years and the locals are very supportive. The owner spends a minimum amount of time in the store as he relies on help to perform most of the day to day operations and he does the supervisory work when necessary. The purchase price includes the trade name, furniture, fixtures and equipment, a non-competition agreement, phone number, supplier list, training, and goodwill of the business. The inventory in the store is not included in the purchase price. The Seller has put a new roof on the building, added an ansul system, a new HVAC unit on the roof, a coffee counter, a soup bar (used in colder months), a new sign in front of building, and a number of other improvements. A complete list is available if there is serious interest. There are six part time employees with hourly rates ranging from $6.50 per hour to $7.00 per hour. The monthly payroll is about $3000. The employees are not aware the business is available for sale and they receive no benefits.

Facilities: The store is located in Trumbull County in a very nice community. It is on a main route and is easily accessible. There is adequate parking for the customers. The store has been renovated and everything is in good condition. The Seller of the business owns the property and would like to sell it as a package with the business. However, a suitable lease could be worked out with an option to purchase. The property is 110 frontage by 150 depth. The parking area is black topped and the building has been recently painted inside and out.

Competition: The sales figures available are up to mid 2008. This year the sales are looking on average about $30,000 to $35,000 per month. Sales are higher in the summer months due to its location near a recreational area. There needs to be more promotion of the business to locals for the deli. There will be an issue on the ballot to allow the sale of wine. If it passes, the permit is already applied for and the store can then offer wine in addition to beer.

Seller Financing Available: Yes

Financing: May consider financing.

Reason Selling: Seller would like to relocate outside the area.