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Business for Sale Summary

Established Convenience Store - 28294

Business Type: retailing businesses,delicatessen/catering services,general merchandise store,misc. retail/non-classifiable,service businesses,mfg businesses,wholesale/dist businesses,special situations,convenience store
Established Convenience Store
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Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $350,000
Gross Revenues $564,000 Lease Remaining Register Free to View
Owner’s Cash Flow $132,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and Or best reasonable offer. Possible Financing for the right buyer.

Business Description

This well organized convenience store sits in a great location on a main street with lots of traffic in a strip mall. The store has room for a kitchen or deli and also has room for more beer coolers. The reason the current owner has not worked on these projects is because he is looking at other business opportunities. Store sells phones, cigars, cigarettes, lotto, ATM and has Q-payment. There is plenty of parking and if the next owner adds a kitchen or deli of any kind it will drive up sales at least 30% if not more with the space for expansion. There is eight years left on the lease and the rent is a low $2300 for this area. Considering the inventory is included in the sales price, the low rent and room for expansion this store is a must see. Current owner willing to work with the next owner for a month to east the transition. Possible financing for the right buyer, please feel free to make an offer. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.