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Business for Sale Summary [Non-Confidential]

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Providence County, RI

Business Type: retailing businesses,convenience store

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $125,000.00

  • Gross Revenues

    $384,700.00

  • Financing

    $ 125,000.00 Down and negotiable

  • Owner's Cash Flow

    $65,100.00

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Business Description

Updated and well maintained Convenience store located in a strip plaza on a busy local road in a very safe suburban town. Most of the fixtures have been updated and there is a new digital surveillance system installed and included. The store is always very well stocked. 2009 Sales averaged just over $1k per day and have been increasing. Lottery was added in April of 2009 and the commission was $8700. This year revenues and lottery commission will be higher. There is a lease in place which was signed 2/2009 for 5 years with an option for 5 more years. The rent is $1550 per month for this 1100 sq. ft. location. Call today to learn more about this nice opportunity.

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