Financing: $100,000.00 Down and $80,000 @ 6% for 60 months
Reason for Selling:Other opportunities.
As far as the price of the business the owner would be willing to take a cash offer of $150,000 instead of owner financing. The owner would be happy to go over their gross numbers with the right buyer in person, willing to go over all of their invoices and let potential buyer work in the store for a week. The merchant sales are $55,000 - $60,000 a month with a mark up between 30% - 35%. The store does around $2000 a month in cigarette sales and $2400 lotto sales a month. There is an option to purchase the property, owner willing to negotiate the property with the right buyer, if the next owner wished to rent it will be $2000 a month.
Very profitable store so don't pass up this opportunity.
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