ACQUISITION
OPPORTUNITY #R-1862
CONVENIENCE
STORE/DELI
This
family owned store, located in a rural community east of Cincinnati,
has been in business for the past 35 years.
In addition to fresh deli products, they sell a complete line
of grocery products, beer, wine, soda, cigarettes and instant lottery
tickets.
INVESTMENT
HIGHLIGHTS:
·
Excellent
reputation
·
Strong
customer base
·
Steady
sales pattern over many years
·
1,900
square foot building and ½ acre property recently remodeled and
upgraded
·
Annual
projected cash flow $95,000 – $100,000
PURCHASE
PRICE:
The
business, land and building are being offered as an asset sale, free
and clear of all debt and liabilities, for an asking price of $395,000.
Reduced to $329,000. $65,000 down and owner will finance the
remainder at 6% for 15 years.
Financial
Summary:
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