Retail - Convenience Stores | Retail - Other Food Stores

Asking Price	$1,250,000	Inventory	$424,000*
Gross Income	$1, 450,000	Real Estate
Cash Flow	$307,000	Year Established	1982
FF&E	$59,204*	Employees	1

* included in the asking price

** not included in the asking price

Great business for sale

Well established and highly profitable grocery store and convenience store that specializes in international foods. This business has won numerous awards by local newspaper on food quality, presentation, freshness, and value. Business recently added beer and wine sales which will add $500K to annual revenues. Business has complied a impressive growth rate in the past two years, with 88% growth 2006-2007, and 40% growth from 2007-2008. This business opportunity offers excellent growth and expansion possibilities for buyer. $1M of financing is available ($600K Lender, $400K Seller) for qualified buyers.

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Facilities: Combination grocery store and convenience store. Sale prices includes all assets such as furniture, fixtures, and equipment. Convenience store side with beer/wine is offered separately from the gift shop and grocery.

Competition: This award winning convenience and grocery store is a one of a kind store that specializes in international foods that can not be found locally and competing stores and markets. Business enjoys high profit margins on most goods of 70% or more on mos items.

Growth/Expansion: Business recently added wine and beer sales. Potential expansion could include seating area for food consumption. Business is authorized to offer check cashing and Western Union Services but has not implemented these services. New owner could implement these services for an additional revenue impact of $250K or more per year.

Support/Training: Seller will provide one week of training to buyer.

Reason Selling: Owners are retiring.