Business Summary:
General Store, with Grocery, Deli & Pizza
WITH 2 BEDROOM APARTMENT
NO BEER WINE - NO FUEL SUPPLY
Only Store in the Town No competition what-so-ever
5 miles from Interstate Highway
in Kentucky
(Goodwill) Price = $ 150,000 (Firm - No flexibility) - Business only
Rent = $2,750 per month (No Property Tax)
Term of Lease = 5 year + (3 five year each ext.)
Sales Data of 2008 (Absentee Ownership)
- Gross Sales = $780,000 (Average mark-up @ 35% : 80% Food & Deli - 20% Cigarettes and Mix)
- Income = $273,000 $6,000 (Lottery Commission)
Gross Profit = $279,000
(Store Hours 07:00 am - 10:00 PM)
Expenses
- Payroll = $84,000 (6 employees - 4 full time - 2 part time)
- Utilities = $36,000 (includes, Electricity/Gas/Water/Sewer/Trash/Telephone + Mix).
- Rent = $33,000
Total = $ 126,000
Net Profit = $153,000
Store Size = 4,000 sq ft. A lot of storage space. 2 bedroom apartment on 2nd level. (Stand Alone Building).
Confidentiality is top priority.
Call Habib Shah for private tour (937) 470-9400 or email habib@swairah.com
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