20-Convenience store for sale!!!—SOLD
Convenience store with 6-unit strip mall on N. Fort Harrison Ave. between Clearwater and Dunedin. Projected Rental for Unit # 1704: 1355/mo, Unit # 1706(Beauty Salon): 600/mo, Unit #1708 (Church): 965/mo, Unit # 1712(Beauty Supply): 707/mo and Projected Rental for Unit # 1714:800/mo, Unit # 1716 (Convenience Store): 2000/mo. If convenience store hours were extended to 9 or 9:30 PM, sales would be much higher. Adding ready-to-eat food would also help.
| Data Source | Tax Return | ||||
| Year (Cash Flow) | 2008 (N) | (N) | (N) | ||
| Gross Revenue | 297,383 | 0 | 0 | ||
| Cost of Goods | 232,898 | 0 | 0 | ||
| Gross Profit | 64,485 | 0 | 0 | ||
| Expenses | 19,133 | 0 | 0 | ||
| Net | 45,352 | 0 | 0 | ||
| Owner Salary | 0 | 0 | 0 | ||
| Benefits | 54,000 | 0 | 0 | ||
| Interest Expense | 0 | 0 | 0 | ||
| Depreciation | 0 | 0 | 0 | ||
| Other | 9,063 | 0 | 0 | ||
| Owner Benefit | 108,415 | 0 | 0 |
Asking price $550,000
For more information, contact UR-COUSIN Emile Farah at the following: 305-754-1000 or send an e-mail to farah@farahreacquisitions.com
