Retail - Convenience Stores

Asking Price	$49,000	Inventory	$15,000**
Gross Income	$157,000	Real Estate
Cash Flow	$52,000	Year Established	1992
FF&E	$25,000*	Employees	1

* included in the asking price

** not included in the asking price

The hours of the business are Monday thru Saturday 10:00 AM to 7:30 PM. On Sunday from10:00 AM to 3:00 PM. The owner runs the business all by himself, and has done so from the very beginning. The volume of sales is not that great. For 2006 he did $165,000.00 gross sales. In addition to the beverage business, they also do Lotto, check cashing at 2%, and money orders. With a relatively low rent the owner takes home $52,000.00. Per year. The short hours can be increased to normal hours for this type of business. That would require additional employees, but overall the sales would increase as well as the number they are doing in the check cashing.

Facilities: This has been a beverage store at this location for the past 14 years. They occupy 2000 sq. ft. and the current rent is $1,200.00 per month. The lease is good thru April of 2009. Each year the rent is adjusted up by $50.00 per month. There is a five year option when this lease expires.

Financing: All Cash

Support/Training: Seller will stay with the buyer for 40 hours. That is negotiable.

Reason Selling: Retiring