Asking Price: $240,000

Gross Revenue: $1,115,000

Gross Revenue Comments: Steadily increasing yearly.

Cash Flow: $60,000

Cash Flow Comments: Owner operating alone so family will improve cashflow

Inventory: (Not Included in Asking Price)

FF&E: (Not Included in Asking Price)

Real Estate: (Not Included in Asking Price)

Seller Financing: Seller may carry with buyer down of $150k plus an asset for surety for the note.

This business was in escrow twice but fell out since buyers were unable to meet the requirements. This business has been growing steadily over the past few years. Gross sales for 2005 was $963k, 2006 - $1049k, 2007 - $1,115k and the ytd figures are up over 7%. This location is on of the few with a liquor license on the California side of Lake Tahoe.

Year Established: 1981

Employees: 4 full time - 1 part time

Franchise: Yes

Facilities: The location is leased by 7-Eleven corp and it is their responsibility. The company has recently remodeled the store interior.

Market Outlook and Competition: This business is located in a tourist destination and is situated close to the shore of Lake Tahoe. No competition nearby.

Management Training and Support: The company will train new owner.

Reason For Selling: Retiring from retail since his children have grown, moved on and are no longer assisting in the business.