Hot Listing

$60,000 NET #10 Beer and Wine Convenience Store in a Busy Center

Asking Price$160,000

Cash Flow
$60,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$30,000
Not included in asking price
FF&E$35,000
Included in asking price
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Hot Listing

$60,000 NET #10 Beer and Wine Convenience Store in a Busy Center


Asking Price$160,000

Cash Flow
$60,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$30,000
Not included in asking price
FF&E$35,000
Included in asking price

Seller Financing Available
Business Description
Great Location with a Solid Client Base!!
This well established convenience store has a lot of foot traffic and has a very solid customer base. The sale is due to the seller wanting to retire after owning the store for 24 years. This store has a great lease rate at $2700 per month with all NNN expenses included as well as water for 1975 sq.ft. The expenses are low and the owner and a part time employee run the store currently. The store does very high margins and the has tons of potential to make even more money with a dedicated owner. The store also does around $30,000 in lottery sales a month at 6.5% margin and the rest of the store does about $30,000 a month in sales as well. Seller will also do seller financing with $130,000 down plus inventory and the balance for 2 years at 6.5%. At the price and net and terms this will go quick.
About the Business
Facilities & Assets
1975 sq.ft. storefront in the middle of a busy strip center with corporate tenants surrounding the plaza.
Market Outlook / Competition
Not much in the area
Opportunities for Growth
Tons of room for growth with more inventory and maybe some smoke shop items.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,975
Rent
Not Disclosed
Lease Expiration
2/1/2028
About the Sale
Financing Options
$130,000 down plus inventory and the balance for 2 years at 6.5%
Listing Info
ID
2353052
Listing Views
2598

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Business Listed by: Mike Darmo American Realty Brokers

Listing ID: 2353052 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.