Market / B&W –Low Rent, Short Hours, Asking $60K

Gross Revenue: $18,000/Month
Net Income: $4,500/Month
Location: Near freeway, adjacent to apartment complexes
Lease Terms: New lease available
Rent: $1,800/Month
Store Size: 1,500 SF
Operating Hours: 8:30 AM – 8:00 PM (Short Hours)
Employees: 1 Part-Time (Paid $1,000/month, cash)
Additional Income: $1,200/month from lottery
Profit Margin: 40%

Down Payment: $60,000

Total Sales: $216,000

Cash Flow: $54,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $10,000

FFE Included: Yes

Inventory: $20,000

Inventory Included: No

Year Established: 2000

Days & Hours of Operation: 7 DAYS 8:30AM TO 8PM.

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Employees: 1

Absentee Owner: No

Real Estate: N/A

Monthly Rent: $1,800

Type of Location: Mix Unit

Square Footage: 1500

Relocatable: No

Reason For Sale:

Retire