Convenient Store

Convenient Store

Available

$269,000.00

Listing Number :

 3604

Status :

Available

Price :

$269000

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Description

Centrally located Convenient store in an extremely desirable location. Long established and after 15+ years of success at this location, the current owner has decided to move out of this area and start a new life. This business is turnkey and a great opportunity for someone to come in and make money from day one. It’s in a downtown area with plenty of foot traffic, and a large populated neighborhood. The rent is EXCELLENT at $1700 per month. Seller Claims net income of 120k per year.  This opportunity wont last long.  New owner can improve sales by adding EBT- Food stamp and much more groceries. There are many loyal customers that have been coming to this business. This offering is for a turnkey grocery store with a Type-47 ABC license included.  Multiple opportunities for expansion.

3604

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased: 2004
Business Type: Grocery Store & Market
License(s) Required: Business, Health, ABC
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3604
Date Available: 12/19/2018
Reason For Sale:
Annual Total Revenue: 450000
Annual Net Income: 120000
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 1700/m Lease Expires 2023
Lease Expires:
Lease Option: 1 x 5 years Option
NNN:
 
Financing Information
Down Payment: 269000
Owner Will Carry:
Other Finance Terms:

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