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Business for Sale Summary

Popular Convenience Store in Cuyahoga County OH 32 - 32502

Business Type: convenience store
Popular Convenience Store in Cuyahoga County OH 32
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This business has received 141 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $350,000
Gross Revenues $1,406,396 Lease Remaining Register Free to View
Owner’s Cash Flow $277,796 Number of FT Employees Register Free to View

Financing

$350,000 Down and

Business Description

Non Stop Customers. Owner and family has built and nurtured this business for the past 13 years and has made this one of the more successful c-stores in the city. This store is situated on a busy street in a busy working class community. Off street parking. Lots of development occurring around this store. Owner able to prove all the financials and willing to allow a prospective buyer to come sit and monitor the business for a week to personally verify the numbers. Very strong financials with revenue exceeding 1.4 million. Lottery commission is approximately 36k per year. Plus income from ATM and hefty rebates from cigarette companies. Store sells Beer, Wine, Tobacco, Candy, Groceries and much more. There is a demand for cooked food which a new owner could greatly increase revenue if they offered. Store has over 50k in inventory which owner is willing to finance. Also, the owner is willing to sell the property for an additional 300k. A must see. Call Gary Sardon at 216-375-7720 for additional 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.