Hot Listing

Established Convenience Store: $160,000

Asking Price$220,000

Cash Flow
$164,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$62,000

Inventory$65,000
Not included in asking price
FF&ENot Disclosed

listing imageSave
Hot Listing

Established Convenience Store: $160,000


Asking Price$220,000

Cash Flow
$164,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$62,000

Inventory$65,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
Well-Established Convenience Store on Major Street – $164K Annual Income – Turnkey Operation! Asking price is $220,000 plus inventory.

Here’s your chance to own a profitable and long-standing convenience store located on a high-traffic major street. This business has been serving the community for 27 years, with a strong local customer base and consistent revenue. The current owner has successfully operated the store for the past 2 years but is now selling due to personal reasons (divorce). Current owner works at store about 4 hours a day.

Financial Highlights:

Monthly Revenue: $52,000

Net Monthly Income: $13,700

Annual Net Income: $164,400

High Margins on Inventory: 35%

Multiple sources of income: Bill Pay, Lotto, and ATM totaling $2,700/month

Business Strengths:

Prime location with steady foot traffic

Turnkey operation – Store is staffed with two employees who can stay on if the new owner / operator desires.

Diverse revenue streams including Bill Payment, lottery, and ATM

Low overhead relative to income

Established name in the neighborhood with loyal repeat customers

Opportunities to Grow:

Expand product lines or operating hours

Add Check Cashing or Hot Food for additional streams of income ($30,000 - $50,000)

This is an ideal opportunity for an owner-operator or investor looking for a stable, cash-generating business with room for expansion. Serious inquiries only.

This listing in not SBA eligible.
About the Business
Years in Operation
35
Number of Employees
2
Facilities & Assets
25 Door Walkin Cooler & Separate 5 Door Walkin Cooler
ATM Machine
Market Outlook / Competition
There are many convenience stores within a 3-mile radius. This convenience store is the largest and has been around for several decades.
Opportunities for Growth
The store has plenty of space to add hot food or Check Cashing Machine, both of which should generate at least 20K in income a year.
Real Estate
Owned or Leased
Leased
Rent
$2,700.00 per month
Lease Expiration
1/1/2040
About the Sale
Seller Motivation
Divorce
Transition Support
One-month instore training. On call training as needed for an additional two months.
Financing Options
Seller financing is available for Inventory
Listing Info
ID
2364635
Listing Views
1972

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Gregory Duncan

Listing ID: 2364635 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.


Similar Listings
Fully Promoted
$60,000Fully PromotedFeatured Franchise
Kid to Kid
$100,000Kid to KidFeatured Franchise
Busy C-Store only
$300,000Busy C-Store onlyCleveland, OH
Convenince Store
$300,000Convenince StoreCleveland, OH
Once Upon A Child
$90,000Once Upon A ChildFeatured Franchise
Sport Clips
$200,000Sport ClipsFeatured Franchise
Fully Promoted
$60,000Fully PromotedFeatured Franchise
Kid to Kid
$100,000Kid to KidFeatured Franchise