17-Covenience store for sale in South Florida—SOLD

Profitable convenience store for sale now for the small price of $135,000, business only. It has been established for 20 yrs and has a net income of $132,000 a year. It is found in the middle of countless residencies and has little competition. The area has no supermarkets or large grocery stores. The real estate is also available for sale for $150,000. It includes the store front where the convenience store is found and on the second floor it has a three bedroom apartment that could be leased out.
| Data Source | Owner to Prove | ||||
| Year (Cash Flow) | 2009 (N) | (N) | (N) | ||
| Gross Revenue | 600,000 | 0 | 0 | ||
| Cost of Goods | 377,820 | 0 | 0 | ||
| Gross Profit | 222,180 | 0 | 0 | ||
| Expenses | 90,180 | 0 | 0 | ||
| Net | 132,000 | 0 | 0 | ||
| Owner Salary | 0 | 0 | 0 | ||
| Benefits | 0 | 0 | 0 | ||
| Interest Expense | 0 | 0 | 0 | ||
| Depreciation | 0 | 0 | 0 | ||
| Other | 0 | 0 | 0 | ||
| Owner Benefit | 132,000 | 0 | 0 |
Asking price: $130,000
For more inforamtion, contact UR-COUSIN Emile Farah at the following: 305-754-1000 or send an e-mail to farah@farahreacquisitions.com


