Convenience Store - UPDATED
Location: Union, Iowa
Type: Convenience Store 110116
Financial Information: General Information:
Purchase Price: $359,000
Includes real estate
Years Established: 38 year(s)
Annual Sales: $800,000 Required License(s) Food Estb., tobacco, beer, cig
Annual Net Profit: Employees: 1 owner FT, 7 PT
Recasted Cashflow: Business Hours: 7 a.m. to 9 p.m. 7 days a week
Equipment Value: $80,000 Reason for Sale: Retirement
Inventory Value: $100,000
Terms: Cash
Building and Property: Additional Comments:
Monthly Rental: n/a
Real estate has an insurance value of $260,000. Small town in NC Iowa population 400. This is a general store with groceries, gas, hardware, pet supplies. Only show in town.
Lease Information:
Square Footage: 6,000