About the store:
4000 sq. ft
Rent is negotiable
Monthly sale is 45k at 25% margin
Monthly Lotto Income is 5k
Monthly Check Cashing income is 5k
Business Hours are 8 a.m to 12 midnight on weekdays and till 2 a.m on weekends
PGE bill is an average of 1100/mo.
The current owner has had this business for over 17 years and is currently suffering from ill-health. The business has been priced fairly considering that the entire rent, PGE etc expenses are covered by lotto and check cashing income. So you are buying a liquor store which has no rent or PGE expenses.
Only serious buyers ready to do the deal, please contact broker for details.