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Business For Sale
BRANDED CONVENIENCE STORE WITH LIQUOR&REAL ESTATE
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Asking Price: |
$590,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Conv & Food Stores
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Reason for Selling:
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Absentee owner has other business interests |
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Year Established:
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1998 |
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# of Employees:
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2 Full Time, 1 Part Time |
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Yearly Revenues:
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$2,300,000 |
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Yearly Cash Flow:
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$96,000 |
Business for Sale Overview:
Great location in major Central Illinois city. New store in1998. Building is brick, 3,000 square feet and has a nice appearance. Beer & Liquor, 12 door walk-in cooler, plus stand alone, 2 tanks @ 10,000 gallons each, 4 double MPD’s, with credit card readers. Large canopy, and concrete lot is in excellent condition. $45,000 average inside sales per month. 55,000 average gallons per month. Traffic count is approximately 10,000 per day. This property, with the traffic count and location, could become a higher volume convenience store. Buy the business only for $125,000 and Lease this store with an option to buy @ $3,000 per month (NNN). Owner is absentee and there is opportunity for owner/manager to improve cash flow. Lottery was recently removed due to employee problems.
Property Features and Assets:
New store in1998. Building is brick, 3,000 square feet and has a nice appearance. Beer & Liquor, 12 door walk-in cooler, plus stand alone , 2 tanks @ 10,000 gallons each, 4 double MPD’s, with credit card readers. Large canopy, and concrete lot is in excellent condition.
Market Competition and Expansion:
Traffic count is approximately 10,000 per day. This property, with the traffic count and location, could become a higher volume convenience store. Owner is absentee and there is opportunity for owner or manager to improve cash flow. Lottery was recently removed due to employee problems. Put it back.
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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