(LEE) Convenience $600k gross w R.E. (MA/RI border)
| Asking Price: | $799,000 | Inventory: | $25,000 ** |
| Gross Revenue: | $660,000 (comments below) | Real Estate: | $559,000 ++ |
| Cash Flow: | $132,000 (comments below) | FF&E: | $60,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: includes lottery commission $60000 | |||
| Cash Flow Comments: net before debt servic for mortage | |||
Summary Description
This convenience stroe is on the Ma,/RI border. The store is the first store entering RI*. The size of the Store is 1,600 s.f. These stores where formally "Cumberland Farms". prking is for 19 cars. corner location at a traffic light. Costo of Goods is 18% on cigaretts and 30% on grocery. The cost of good is $448,000 = $152,000 lottery commission of$65,000 total gross sales = $217,000 before operating expenses payroll $60,000,water $600,electric$15000,,Bank charges $2400, telephone $600, miscelllanours $2400,real estate tax $4000
CHECK OUT ALL OF OUR LISTINGS AT.
www.leebrokers.biz
email us at : leebrokers@gmail.com
LEEBROKERS
Ming Dong 508.962.2589
This convenience stroe is on the Ma,/RI border. The store is the first store entering RI*. The size of the Store is 1,600 s.f. These stores where formally "Cumberland Farms". prking is for 19 cars. corner location at a traffic light. Costo of Goods is 18% on cigaretts and 30% on grocery. The cost of good is $448,000 = $152,000 lottery commission of$65,000 total gross sales = $217,000 before operating expenses payroll $60,000,water $600,electric$15000,,Bank charges $2400, telephone $600, miscelllanours $2400,real estate tax $4000
CHECK OUT ALL OF OUR LISTINGS AT.
www.leebrokers.biz
email us at : leebrokers@gmail.com
LEEBROKERS
Ming Dong 508.962.2589
About the Business
Market Outlook and Competition:Not many conience store in area.
About the Sale
Management Training and Support:Will train new buyer
Reason For Selling:health reasons
Seller Financing:None
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