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Business Listing

Listing No: 8784894
Category: Convenience Stores: C-Store & Restaurant
Description: Popular minimarket on a busy street

Business Details

Revenues: $428,087
Adjusted Cash Flow: $104,752
Selling Price: $115,000
Down Payment: $75,000
General Location: South Pinellas County

Executive Summary

Price reduced!!!Motivated Seller!Very popular convenience store / minimarket located in downtown St. Pete. The store is fully equipped for deli / fast food restaurant, meat and vegetable minimarket. Kitchen complete with stove, hood system, fryer, grill, refrigeration, etc. The Sellers are not using those facilities at all, limiting the business just to the convenience store. Beer and wine is sold. Tobacco license l lottery and lotto, check cashing are all in place with necessary licenses. Long lease good through 2016. Large unused storage area in the back of the store. More than 4,500 square feet. Inventory is approx.$50,000 at Seller's cost and is not included in the asking price. Final inventory amount will be agreed upon at time of sale. Reason for sale is owner's heath and retirement. Perfect investment for a family business. The new Owner can dramatically increase their income, just by taking advantage of the facilities already in place. Great opportunity!!!

Last revision: 2/08/2011 14:45:00 PM

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