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Business for Sale Summary

Convenience Store in Cuyahoga County, OH - 28016

Business Type: delicatessen/catering services,general merchandise store,liquor store/ wine,misc. retail/non-classifiable,other food stores,convenience store
Convenience Store in Cuyahoga County, OH
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Financial Information (non-confidential)

General Information
Asking Price $65,000 Down Payment $65,000
Gross Revenues $340,000 Lease Remaining Register Free to View
Owner’s Cash Flow $102,000 Number of FT Employees Register Free to View


$65,000 Down and Seller financing Available

Business Description

Excellent c-store with seller financing available. Motivated seller. The community absolutely loves this convenience store. It is located down the street from Cleveland Clinic, University Hospital and Shaker Heights. This convenience store serves an older community, of an average age of 45 years and older- blue collar and extremely loyal. This is in a great neighborhood, with a top-rated high school, museums, parks, fire station and police station. This seller is retiring to do other things, and is offering the new owner the opportunity to increase sales by upgrading the deli, and possibly adding U-Haul rentals to the established grocery sales, lottery commission, rack fees and ATM commission. This community store offers groceries, beer (C1 and C2), wine (D6), deli food, 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. Low expenses, with the typical 35% gross profit margin on groceries, and up to 60% on phone center sales, including everything from adapters to iPhones. The landlord is a very nice gentleman, and easy to deal with when discussing the lease. He is possibly offering property for sale, as well. There is a state-of-the-art security system, with 15 cameras that deliver the feed, remotely, to your cell phone. Seller financing available. This convenience store will not last long, once the buyer visits the location. Please call Vested Business Brokers at 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. kg

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.