Business for Sale

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Business for Sale Summary [Non-Confidential]

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Kent County, RI

Business Type: retailing businesses,convenience store,other food stores,misc. retail/non-classifiable

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $50,000.00

  • Gross Revenues

    $430,000.00

  • Financing

    $ 50,000.00 Down

  • Owner's Cash Flow

    $58,775.00

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Business Description

REDUCED! Quaint, updated Convenience store located in a strip plaza on a heavily traveled road. Perfect for an owner/operator of family to take over. Current owners renovated the store completely 2 1/2 years ago but have little experience and own other businesses that require their full attention. Figures shown are based on 2009 year end results and sellers have documentation to back them up. They recently became a Metro PCS cell phone authorized dealer. Offered at a very reasonable price as the owners are looking to move quickly. The store is 1100 sq. ft. with reasonable rent at $1200 per month and as 3 years to run with a five year option, the are very minimal increases every two years or the landlord will negotiate a new lease. Call today!

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