Convenience Store With Self Serve Gas For Sale

Description
The store is absentee run. It is independent gas, no contracts. All fixtures, equipment, pumps, canopy were new less than 5 years ago. There is no deli or beer & wine. The store is easy to run. There is a new long term lease available.Included in asking price
Furniture / Fixtures included
Sales Revenue
5800000
Net Profit
152430
Years Established
2004
Employees
6
Trading Hours
5a.m. to 11p.m., seven days
Location
Located on a numbered main street in a residential zone. New competition can't get close.
Expansion Potential
A working owner will increase the bottom line.
Competition/Market
Average comp., no threats.
Support/Training
Whatever is reasonable.
Reasons for Selling
Seller is downsizing.
Finance Available
Possibly for inventory.
Furniture/Fixtures Value
$100,000 (included in the asking price)
Inventory/Stock Value
$100,000
Tenure
Leasehold
Lease Terms
Five years with 2 five year options. The 1st five years at $5,000/mo., 2nd five years at $5,500/mo. and final 5 years at $6,000/mo. Buyer also responsible for taxes, insurance and maintenance.