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Business for Sale Summary

Well Loved Convenience Store - 28016

Business Type: delicatessen/catering services,general merchandise store,liquor store/ wine,misc. retail/non-classifiable,other food stores,convenience store
Well Loved Convenience Store
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This business has received 516 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $102,000 Number of FT Employees Register Free to View

Financing

$125,000 Down and Seller financing Available

Business Description

EXCELLENT CONVENIENCE STORE WITH SELLER FINANCING AVAILABLE - SELLER IS MOTIVATED TO SELL NOW AND RETIRE - The community absolutely loves this convenience store. It is located down the street from Cleveland Clinic and University Hospital and Shaker Heights. This convenience store serves an older community of average age of 45 years and older, blue collar, and extremely loyal. Great neighborhood with top rated high school, museums, parks, fire station practically next door, and police station a few minutes down the road. This Seller is retiring to do other things and is offering the new owner the opportunity to increase sales with upgrading the deli and possibly add U-Haul rentals with the established grocery sales, lottery commissions, rack fees and ATM money. Community store offers groceries, beer (C1 and C2), wine (D6), deli, lottery, and a fun loving atmosphere. Customers are like family and everyone knows everyone. This is a total turn-key operation in the best part of town for a great lifestyle business if that is what the buyer is looking for in their next step of business ownership. Low expenses with the typical 35% gross profit margin on groceries and up to 60% on phone center sales that include everything from adapters to iPhones, and the landlord is a very nice gentleman and easy to deal with when dealing with lease. Possibly offering property for sale. State of the Art security system with 15 cameras that delivers feed remotely to cell phone. SELLER WILL FINANCE AVAILABLE. Truly this convenience store will not last long once buyer visits location. Please call Rick Murray with Vested Business Brokers 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.