Discount Store - Low Rent - 10 Year Same Owner - Retire

Note: located in a densely populated neighborhood.

Low rent. Steady income. Profit margin 45%.

Monthly gross: $16,000
Monthly rent: $2,800
Lease terms: 5 plus 5
Store size: 2,000 sf.
Open hours: 8:30 am-9:30pm
Employees: Family
Owner since: 2012
Extra income: ATM $250
Reason for selling: Retire.

Down Payment: $58,000

Total Sales: $192,000

Cash Flow: $48,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $50,000

FFE Included: Yes

Inventory: $20,000

Inventory Included: No

Year Established: 2000

Days & Hours of Operation: Open 7 Days (8:30am - 7pm)

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Absentee Owner: No

Lease Option: 1 @ 5 Years Option

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $2,800

Type of Location: Strip Center

Square Footage: 2000

Reason For Sale:

Retire