Quaint Updated Convenience Store
Location Rhode Island,United States
Asking Price Range < $250K
Gross Revenues $430000
Net Profit / Cash Flow $58775
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Other business interests.
Description Quaint, updated Convenience store for sale, located in a strip plaza on a heavily traveled road. Perfect for an owner/operator of family to take over. Current owners renovated the store completely 2 1/2 years ago but have little experience and own other businesses that require their full attention. Figures shown are based on 2009 year end results and sellers have documentation to back them up. They recently became a Metro PCS cell phone authorized dealer. Offered at a very reasonable price as the owners are looking to move quickly. The store is 1,100 sq. ft. with reasonable rent at $1,200 per month and as 3 years to run with a five year option, the are very minimal increases every two years or the landlord will negotiate a new lease. Contact today!
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