Fred Beck
Indianapolis, far south area
15927913
Food & Beverage: Conv & Food Stores
$300,000
2000
2
$1,100,000
Not Disclosed
$NA
Not Disclosed
$NA
Not Disclosed
Not Disclosed
Reason for Selling:
Retiring, moving.
Overview of the Business:
Established tobacco store with a large lottery business. Marketing some convenience store items along with cigarette lighters and other miscellaneous items. The profit margin is very good in this business. Financial documents will be provided, by the seller, in a one on one meeting with the potential buyer. The gross income above does not include lottery sales and other miscellaneous sales. THERE IS NO FRANCHISE FEE, but additional stores can be opened within the five mile franchise area. The business is very, very profitable. Net profit of 25% to 35% on the sales items.
Property Features and Assets:
Close to Indianapolis, on a very high traffic volume street. Facilities are very good for a store, primarily selling tobacco. Four years left on lease. Lease options available.
Support/Training: Fourteen day seller training.
Market Competition and Expansion:
Competition: No close by competition.
Growth and Expansion: No marketing program in operation. Serving established client base. Expansion would be wide open to the new owner. The franchise covers a five mile area around the business location. Buyer can open additional stores in the surrounding area.
Additional Details: