Beverage Store " Check Cashing " and Deli
| Asking Price: | $400,000 | Inventory: | $60,000 ** |
| Gross Revenue: | $600,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $195,000 | FF&E: | $75,000 ++ |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: plus check cashing and lottery |
This is a profitable beverage store with beer, wine, deli food, lottery, and check cashing. It is in a prime location with high traffic.
About the Business
Year Established:1999
Employees:3 full time - 2 part time
About the Sale
Management Training and Support:Owner will stay with buyer for one month to assure a smooth transition.
Reason For Selling:Retiring
Seller Financing:Seller will take $300,000. down payment and finance $100,000 plus the inventory. The buyer must have $100,000. available in his safe for doing check cashing.
KEYWORDS: beverage, deli, beer, wine, cigars, lottery, check cashing, food, D6, C1, C2 licenses, profitable, sandwiches, great location. They are cashing $700,000 to $800,000 a month in checks and they charge 1.3%. In addition to the check cashing they do bill payments, money orders, money grams, and of course lottery. the commission on lottery was over $50,000. in 2008.
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