Neighborhood Convenience Store For Sale

Business description

This neighborhood Convenience Store /International Gourmet Market is the only one of its kind in the area. In a large commercial developement it is surrounded by condos, rental apartments and single family homes. They carry normal convenience store items and Greek, Turkish, and Mexican foods. They also sell beer and wine, home made sandwiches and salads. Pricing is at 37%profit. The merchandise is all coded and a scanner is in line with the cash register. They have Lotto,ATM,and Vigo

Property information

Real Estate:

Lease

Lease terms:

$2300/mo in 950 sf center, 1-5 yr opt, exp. 6/1/2012

Other information

Support & training:

Seller will train 2 weeks at no cost

Reasons for selling:

Relocating

Trading hours:

Mon-Sat 9-9; Sun 12-6

Financing available:

$89K @7% 24 pmts

Furniture / Fixtures value:

$40,000 (included in the asking price)

Inventory / Stock value:

$30,000