Updated Convenience Store
Location Rhode Island,United States
Asking Price Range < $250K
Gross Revenues $384700
Net Profit / Cash Flow $65100
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Owner is relocating.
Description Updated and well maintained Convenience store for sale, located in a strip plaza on a busy local road in a very safe suburban town. Most of the fixtures have been updated and there is a new digital surveillance system installed and included. The store is always very well stocked. 2009 Sales averaged just over $1k per day and have been increasing. Lottery was added in April of 2009 and the commission was $8,700. This year revenues and lottery commission will be higher. There is a lease in place which was signed 2/2009 for 5 years with an option for 5 more years. The rent is $1,550 per month for this 1,100 sq. ft. location. Contact today to learn more about this nice opportunity.
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