Convenience Store - UPDATED
Location: Southeastern Iowa
Type: Convenience Store
Financial Information: General Information:
Purchase Price: $99,000
Includes Real Estate
Years Established: n/a
Annual Sales: $647,277 - 2008 Required License(s) Food Insp., Liquor (beer, wine), STP,Cigarettes, Hazardous Materials
Annual Net Profit: ($10,720) absentee owned Employees: 5 Parttime
Recasted Cashflow: $23,442 absentee owned Business Hours: 5:30 am - 9:00 pm Mon. - Sat.,, 6:00 - 9:00 Sun.
Equipment Value: n/a Reason for Sale: Sellers has fulltime jobs and family committments.
Inventory Value: $15,000
Terms: Cash
Building and Property: Additional Comments:
Monthly Rental: n/a
Sale includes real estate valued at $73,800, inventory at $15,000 to $20,000, and Equipment. As an owner-operator you could net $50,000.
Lease Information:
Square Footage: 1,486