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  • RE:  Convenience/Lottery Store
  • Contact:  Soloman Sasson

Quick Facts

Asking Price: $285,000
Annual Revenue: $292,600
Net Profit: Not Disclosed
Cash Flow: $141,740
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 1
BBN Listing #: 953557
Broker Reference #: 23219SS

Email or Print Listing

Business Overview:

Established profitable with loyal clients, large lottery sales, top area, bus stops by store, plenty of parking. Sells cards, cigarettes, sodas, newspaper, convenient items etc. Potential to grow add ice machine, sell ice cream, sell eggs, bread, coffee, tea, pastries, cold cut sandwiches, additional stationery items, extend operating hours. Other income is $ 75,000 from Lottery and $ 1,800 from ATM

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Property Features and Assets:

900 square feet with basement, plenty parking, small mall, very good area, bus stops by door, near Walgreens, equipment in good condition, lease 5 years plus option 5 years.

Market Competition and Expansion:

Can add ice machine, add ice cream service, add stationery items, magazines, serve coffee & tea, pastries for breakfast, cold cut sandwiches for lunch and extend store operating hours

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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