Well Established Convenience Store – Busy Lottery. Great Lease

Asking Price$155,000

Cash Flow
$117,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$550,000

InventoryNot Disclosed

FF&ENot Disclosed

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Well Established Convenience Store – Busy Lottery. Great Lease


Asking Price$155,000

Cash Flow
$117,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$550,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Busy, High Profit. C- Store. $45K Net Lotto. Great Lease
Opportunities like this store do not come often.. A well-established convenience store, which is an anchor in this neighborhood, is situated on a bustling road in a residential and safe area. It experiences a high volume of foot traffic and boasts an excellent customer base. Easy hours. Many high-profit items attract loyal customers who are looking for such products.
Currently, its weekly sales average $10,500 per week (excluding lottery sales). The net Lottery commission of above $35,000 has been consistent through the years. Additionally, the store receives other net income from the ATM terminal and rebates.
About the Business
Years in Operation
50
Facilities & Assets
1,200 sq. ft. of fully equipped store in a great neighborhood. Private parking and street parking. The premises have space for additional equipment and a deli/food service area. It has a basement for extra storage. The rent is gross (RE Tax, Insurance, and CAM are included in the rent)
Real Estate
Owned or Leased
Leased
Rent
$1,600.00 per month
Lease Expiration
11/30/2032
About the Sale
Seller Motivation
Moving out of the country
Transition Support
The necessary for a smooth transition
Listing Info
ID
2362048
Listing Views
2104

Contact Seller

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Business Listed by: Javier Castro Boston Bay Business Brokers

Listing ID: 2362048 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.


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