Outstanding Convenience store opportunity. $1,126,460 in gross sales and $172,843 in profit in 2012. Rare business with clean, complete books and records. You can take this business to the bank for SBA financing. Highest lottery sales on the Treasure Coast of Florida (5 counties). This location has no competition and is achieving over 40% margin on groceries. The owner currently runs this store as an absentee owner. For 25 years this location has been a continuous cash cow in a great area. Qualified buyer could finance real estate with zero down owner financing, with balloon.
Competition:There is no competition within 1 mile and the majority of customers are local.
Facilities: Great 2,040 Square Foot building location.
Growth & Expansion: The business does not have significant hot food, but the demand is there. Margins on hot food in the 60% range. Great opportunity to grow.
Financing: Owner will consider financing with $175,000 down on business, zero down on real estate.