The business is located in a great part of Oakland with tons of foot traffic. This is a good money making business with tons of potential to improve sales. The owner is tired and opens only from 11 am to 9 pm. She has been there for over 30 years and is ready to retire. It is time for fresh blood to take it to the next level.
The business does not have any lotto and does very little in tobacco sales. It currently does 65k/m at 35% margin. The rent is 6000/m including CAM charges. The current owner does not keep any employees and runs it all by herself taking home 12-15k/m.
Buyer must have great credit and about 200k down. Don't lose out on this opportunity. Call broker for details.