Conv Store/Deli + Property w. 90k net in Montgomery County

This convenience store and deli is located in the heart of town and includes a duplex apartment building. It is walking distance from the train and bus station, and also sits across from a county court with a large parking garage. One of the rooms is rented on a monthly basis and the other on a yearly basis. The apartment rental income is approximately $40,000 per year. The convenience store brings in about $25,000 gross per month with a 35% profit margin. The benefits of this location is that there is plenty of walking traffic and the owner has spend a lot of money for the grill and the hood but has never put it to use. A new owner/operator can use this location to start check cashing, Western Union, Bill Payment, Money Orders, and also start serving food items such as Pizza to bring in and attract more business. This is a great starter business with easy operation and low overhead costs.
 
Geography: State:Pennsylvania  County:
Asking Price: $635,000
Cash Flow: $95,000
Down Payment: $150,000
Franchise: -
Reason for Selling: Family Reason
Re Inc.: Yes

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