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Business For Sale

NEIGHBORHOOD CONVENIENCE STORE ON BUSY STREET

Attn: Tricia Montoya or Tom Given
El Paso, TX, USA
Listing Number: "GBS255"
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Asking Price: $120,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Conv & Food Stores  
Year Established: 2004
# of Employees: 2
Yearly Revenues: $500,000
Yearly EBITDA: $50,000
 

Business for Sale Overview:

This convenience store is family run and very clean and well kept. They are in an older part of town off a major street. Popular items are the Lotto, Cigarettes, Beer and Wine. No gas is sold. Owner has opened many of these neighborhood stores and is an expert in this field. (Inventory not included in price)


Property Features and Assets:

Owner of the store owns property so it is well kept. Lease is plus tax and insurance. 2200 sq. ft. @ $2,500/mo, Lease expires in 5 years.


Market Competition and Expansion:

El Paso is a growing city and especially the Northeast side where this store is located. It is very close to Fort Bliss Military Base which is experiencing huge growth. This is one of the few bases in the country that will remain open and will then be doubled in size. GROWTH AND EXPANSION POTENTIAL - This store is on a busy street and next to an apartment complex near a well developed residential neighborhood. The more advertising and signage done will increase patronage. Some owner financing is negotiable.


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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