Asking Price: $49,000

Gross Revenue: $163,195

Cash Flow: $57,000

Inventory: $20,000 (Not Included in Asking Price)

This beverage store has functioned as a one-man operation for the last 14 years. Although it has been profitable, a new owner could increase revenues significantly. Store hours are somewhat limited and often inconsistent. Revenue streams include beverage sales, lotto, check cashing at 2% and money orders. Check cashing is the primary source of income for the business, but owner has declined to become licensed which prevents him from cashing checks over $1000. Busy industrial center less than a mile away offers a potential customer base. If buyer becomes licensed to cash checks, entire investment could be regained in the first year. Seller is motivated. Inventory is for sale at cost.

Year Established: 1993

Employees: 1 full time -

Facilities: 2000 sf; rent is $1200 per month

Market Outlook and Competition: If new buyer gets licensed to do check cashing, there is major industry within ½ mile of this location. Just the check cashing can be a solid revenue source. Hiring help in order to keep more consistent hours of operation, and giving better customer service will significantly increase the revenues for this business.

Management Training and Support: through transition

Reason For Selling: retirement