Business for Sale Overview:
This convenience store is unique as it is located inside a well known, high end shopping mall in El Paso. It is the only convenience store in the mall and therefore, is somewhat isolated from outside competition. The store is well known by the patrons of the mall as it has been in this shopping mall since the mall opened. Great opportunity to own a small, but secure convenience store inside a major shopping center. If you have ever wanted to own a convenience store without having to worry about security issues and one where you would really enjoy working on a daily basis, this business may be for you. Open 10a-9p Mon-Sat, 10a-6p Sun. (Gross Sales and EBITDA based on 2008 actual) This offering is structured as an asset sale.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The company is located in a high traffic, high end Shopping Center in West El Paso. 800 square feet at $2,885 per month. Lease expires 2015 with exercise of 5 year option.
Market Competition and Expansion:
This type of business is competitive, but is somewhat isolated from other competition due to its location in a high traffic shopping mall. Growth and Expansion: Owner believes that it is likely that a theater will open in 2010 in the near future near his store and that this will significantly increase revenues. In addition, the new owner may want to consider adding cell phones or other products not currently sold in the store.
Reason for Selling:
Owner Retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.