Convenience store with beer and wine priced for a quick sale. Located in Merced county. Near High school and a Park. Located on a very busy Hwy and store has good traffic exposure. Store sales $28,000 per month profit margin of 33%, as per owner. 50+ apartments walking distancse to store. Lots of foot traffic. Owner in business for last 5 years. Many loyal daily customers.
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Total building area is about 3000 sq ft. Store area is 1700 sq ft and rest is rented for $700 a month. Long lease. Can negotiate a new lease for the buyer. Store has 9 door walk-in- cooler. Plus pepsi and other cold drink machines. Inventory is included in sale price.
Owner has another business and can't manage both and wants to sell. To get location, please contact us to discuss. Serious buyers only. Will not last long. Cash only deal.
Sale $28000 per month at 33% Profit Margin
Check cashing income $1800+ net per month
Lotto income $900+ net per month
ATM income $250 / month
Low Rent total $1300, ONLY $600 after rental income of $700