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Corner Grocery/Convienent store in high traffic area!
"Business Description: Convenience store with beer and cigarettes. The owner has been at this location for 7 years. Gross sales do not include income from check cashing, money orders and accounts receivables. Owner charges $0.50 per money order and 2% to 3% per check, ($3,500 per month). Corner location at busy intersection, free standing building close to apartment complex and heavy residential area. Owner works full time at Kellogg's and has been there 20+ years and had an accident on the job and cannot work both jobs now. Has meat department equipment but does not operate it. Open 4-5 days a week from about 7-9 am to 2-3 pm. Has lottery; does not have food stamps. Has 2 purchase options. Land, store, building, house 1,100 sq ft behind store and vacant lot plus the business, price $175,000; $100,000 down includes upstairs apartment above the store.
Business only, lease building $800 net maint. 5 years; first and last months rent in advance (downstairs only). $50,000 price $25,000 down; 8% 60 payments $507.50. "
Sales Price $ 175,000
Established: 1958
Reason for sale: Owner has other job
F.F.&E. $ 20,000
Inventory @ cost $ 8,000
Monthly Receipts: 3,500
Down Pymt $ 100,000
Financing available for the ballance or $75,000 cash.
it's NOT ok to contact this poster with services or other commercial interests