Convenience Store Business for Broker in Newport County, Rhode Island

Business: Convenience Store Business for Broker
County, State: Newport County, Rhode Island
Business Type: Convenience Store, Other Food Stores, Convenience Store

Summary Description

Convenience store located on a main street in a busy seaside resort town. This store currently offers groceries, sundries, cigarettes, and a large variety of beverages. Sales can be increased by adding lottery and deli items. Store size is about 2000 sq. ft. with a full basement. Great opportunity for an owner/operator to generate a very nice income.

About the Sale

Asking price: $160,000 (USD)

Financing: $160,000 down and none

Total Revenues: $463,200 (USD)

Cash Flow: $113,420 (USD)

Reason Selling: other business interests.

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.