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Business for Sale Summary

High Volume Convenience Store - 28070

Business Type: retailing businesses,misc. retail/non-classifiable,other food stores,supermarket,service businesses,wholesale/dist businesses,special situations,convenience store
High Volume Convenience Store
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This business has received 206 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $300,000
Gross Revenues $883,400 Lease Remaining Register Free to View
Owner’s Cash Flow $326,882 Number of FT Employees Register Free to View

Financing

$300,000 Down and

Business Description

Great cash flow Convenient Store that has a lot of potential to grow. Current owner eager to sell to move into other opportunities. Gross revenue at $883,400 and net cash flow at $326,882 with nine years left on the lease. Store sells domestic and imported beer and has a wide wine selection and can sell beer and wine on Sundays. The store also has a kitchen that sells sandwiches and there is plenty of room to expand the kitchen for other food options. There is an ATM machine inside and a vacuum and air pump outside. Currently there is no frozen foods but the store has freezers for frozen foods if the next owner wants to expand and increase the bottom line. The store was just approved for WIC (Woman's - Infants & Children's program) and is the only store in the neighborhood that has the WIC program, programs projections should bring in an additional $10,000 - $20,000 minimum. This store is a great bargain considering its current cash flow, the WIC program and room for expansion. The owner is willing to open the books to a qualified buyer, please feel free to make an offer, owner willing to discuss price. Don't let this opportunity pass you by. 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.