Convenience Store Business For Sale
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $100000
Net Profit / Cash Flow $49000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1991
Number of Employees 1 - 3
Inventory $20,000 plus.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Will be offered for 30 days.
Reason for Sale Wants to join with some relatives in Texas.
Description Convenience store business for sale - $99,900. Actual NOI right in the range of $95,000 - $100,000 magnitude in 2007, 2008, and 2009. Priced at 1X NOI. Steady stream of customers. Open 8 a.m. to 9 p.m. for 6 days a week and 8 a.m. to 6 p.m. on Sunday. Inventory will be additional - generally runs in range of $15,000 - $20,000 any given time. Owner will finance purchase of business with at least $50,000 downpayment. Long-term lease. Landlord will give rent break to new business owner for two years, then will revert to current rent rate.
In stable area. Northside St. Petersburg, Florida, location. Has been in business operation for years. Has long-term lease. Confidential sale. Prefer principals only, please.
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