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Ohio Business For Sale |
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| HIGH CASH FLOW CONVENIENCE STORE EAST SD CLEVELAND |
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| Attn: Elias Ladon |
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| Cleveland Metro Area, OH, USA |
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| Asking Price: |
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$549,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Conv & Food Stores |
| Reason for Selling: |
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Seller wants to move out of state. |
| Year Established: |
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1974 |
| # of Employees: |
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1 full time; 4 part time |
| Yearly Revenues: |
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$1,000,000 |
| Yearly Cash Flow: |
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$245,000 |
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Business for Sale Overview:
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This business started in 1970’s as a Food Mart and Convenience Store. The current owner took it over and in 1996 and with the exception of focusing attention the needs of its customers and servicing them on one to one basis, he has not changed the business a whole lot with the exception of refocusing on the marketing the sales of a slightly different mix of products. The business offers typical foods, beverages and alcoholic drinks that are usually available at a C-Store. It does not offer any cooked and hot food since 2003 when the Seller decided that the benefit from offering such items did not outweigh the additional costs. However, it offers good packaged food substitutes of such products. The store is located on a high traffic road that is central in the neighborhood it is serving. The store is well known by it neighborhood customers. The demographics of the area (see Appendix B) favor this business. In addition, the owner’s attention to local people and their needs gives the business an edge over its competition. Potential for Growth: Expansion of the store hours along with new energy in the business (the seller is currently tired of this business after running it for so many years) could bring the business to new levels.
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Property Features and Assets:
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The store is located on a high traffic road that is central in the neighborhood it is serving. The store is well known by it neighborhood customers. The demographics of the area favor this business. |
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Market Competition and Expansion:
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The demographics of the area favor this business. In addition, the owner’s attention to local people and their needs gives the business an edge over its competition. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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