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Businesses For Sale   >>   Maryland Businesses For Sale Categories   >>   

Lotto And Convenience Store For Sale

Location  Maryland,United States
Asking Price Range  < $250K
Gross Revenues  $100000
Net Profit / Cash Flow  $42000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2011
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Owner will provide training after settlement
Reason for Sale  Owner relocating to Waldorf , Maryland
Description  Major Price Reduction March 17th down from $65K to $49K CASH ; Lotto , Grocery , Convenience , Keno , Racetrax , ATM , Check Cashing , Money Orders , Western Union , Phone Cards , Tobacco , Amusement Machine for customers ; register sales $6000 (+ -) without the Lotto , mostly Food Stamps (35% commission) ; Lotto 10 week average gross $16,216 , commission $800 (+ -) per week , $3200 (+ -) per month ; Check Cashing commission $500 (+ -) per month ; ATM , Money Orders , Fax, Western Union commission $300 (+ -) per month ; Utilities , phone , internet , insurance expenses $500 (+ -) per month ; Lotto was started April 2012 ; business started August 2011. Gross sales $100K (+ -). Cash Flow to owner $42,000 (+ -) per year. Joe Gerst Business Broker 410-256-4364
Click Here To Contact Seller

    

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