$60,000 NET #10 Beer And Wine Convenience Store

Business Overview:

This well established convenience store has a lot of foot traffic and has a very solid customer base. The sale is due to the seller wanting to retire after owning the store for 24 years. This store has a great lease rate at $2700 per month with all NNN expenses included as well as water for 1975 sq.ft. The expenses are low and the owner and a part time employee run the store currently. The store does very high margins and the has tons of potential to make even more money with a dedicated owner. The store also does around $30,000 in lottery sales a month at 6.5% margin and the rest of the store does about $30,000 a month in sales as well. Seller will also do seller financing with $130,000 down plus inventory and the balance for 2 years at 6.5%. At the price and net and terms this will go quick.

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Property Features and Assets:

1975 sq.ft. storefront in the middle of a busy strip center with corporate tenants surrounding the plaza.

Market Competition and Expansion:

Tons of room for growth with more inventory and maybe some smoke shop items.

Additional Details:

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