Asking Price: $995,000

Gross Revenue: $880,000

Gross Revenue Comments: In-store sales not including Lotto ($8k) and storage ($8k)

Cash Flow: $100,000

Cash Flow Comments: approximate adjusted net income after manager salary ($+/- $40k)

Inventory: $50,000 (Included in Asking Price)

FF&E: $50,000 (Included in Asking Price)

Real Estate: $700,000 (Included in Asking Price)

Seller Financing: This business has been approved through underwriting at a national bank for 80% loan to value of the entire purchase price, including inventory. Contact listing broker for more information.

South Lake Tahoe Hwy 50 frontage & corner location, multiple income streams with room for improvement, and excellent development potential. Annual gross revenue almost $900k in '07, a great manager in place, excellent for owner-operator. Significant recent capital improvements and long-term loyal local patronage make this a great business and real estate investment opportunity.

Employees: 1 full time - 2 part time

Market Outlook and Competition: Superior store to nearby competitiion

Management Training and Support: Owner will train for a reasonable amount of time after the close of escrow

Reason For Selling: Owner is working on another development project and needs funds to proceed