Convenience store with property in university area. Student apartment is upstairs. Over 1800 sq; space with one parking and one locker. Property tax $17,000 a year. Condo fee $1,128 a month with water included, insurance $1,700 per year.
Store sales $1,000 a day: 35% vape x $1,000 x 50%margin = $175/day;10% tobacco x 1,000 x 16% margin = $16/day; 55% grocery x $1,000 x 45% margin = $247/day; total profit: $438. Bitcoin +ATM: $500/month; passport photo: $100/month.
Vape store was set up and $200 per day sales and growing, profit margin 50%.
There are many coolers in the store. It has big advantage when the owner applies Alcohol license.
Kitchen in place for future business expansion or personal use.
