Asking Price: $399,000

Gross Revenue: $1,600,000

Cash Flow: $180,420

Cash Flow Comments: using the expenses above

Inventory: $200,000 (Not Included in Asking Price)

FF&E: $200,000 (Included in Asking Price)

Real Estate: (Not Included in Asking Price)

Seller Financing: NONE

Summary Description
ESTIMATED ANNUAL SALES $1,600,000 LOTTERY $10,000 ESTIMATED OPERATING EXPENSES COST OF GOOD $11200,000, PAYROLL $175,000, RENT $73080, WATER $600 GAS HEAT $1,200, ELECTRIC $48,000, BANK CHARGES $3,500, TELEPONE $1200, RUBBISH $3000, INSURANCE $4000$1,429,580 NETS $170,420+ 10,000 =$180,420 EQUIPMENT:BRAND NEW 8'X8' FREEZER AND REFRIGATOR 8'X'8', FOOD WARMER, HAND SINK, 1 BAY S.S. SINK, 1, 3 BAY S.S. SINK, GREASE TRAP,FLEETWOOD MEAT CUTTER, MEAT SLICER, S.S. UTILITY TABLE MEAT DISPLAY CAS, 11 DOOR FREEZER, VEGETABLE REFRIGERAQTED BIN, CHEESE BIN, 5 DOOR BEER COOLER, 2 SERVICE COUNTERS W COMPUTERS, 24 CAMERA MONITORING SYSTEM, CREDIT CARD MACHINE, ICE CREAM FREEZER, 3/5 TON AC UNITS, COMNPUTER SYSTEM, SOUND SYSTEM, COPIER/FAX, TWO WAY RADIOS (6)This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes, or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information.

Year Established: 2007

Employees: 7 full time -

Facilities: STORE IS APPROXIMATELY 5000 S.F WITH FULL WORKING BASMENT PLENTLY OF STORAGE. OPEWN 7 DAYS FROM 8AM-10 PM PARKING ON STREET AND A PARKING LOT BEHIND THE STORE.

Market Outlook and Competition: nO COMPTITION IN AREA. oNE LARGE STORE JUST CLOSED DOWN, NEW OWNER CAN GET WESTERN uUNION, AND W.I.C. LOTTERY IS RECENTLY NEW.

Management Training and Support: WILL TRAIN THE NEW BUYER

Reason For Selling: OWNER HAS TWO OTHERS STORES AND HOTEL