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

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Tuesday, August 10th, 2010 Convenience Stores
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