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Business For Sale
CONVENIENCE WITH PROPERTY AND B&W
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Asking Price: |
$595,000
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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Owner wants to concentrat on his new store. |
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Year Established:
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1927 |
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# of Employees:
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5 |
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Yearly Revenues:
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$565,760 |
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Yearly Cash Flow:
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$132,644 |
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Yearly Gross Income:
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$224,923 |
Business for Sale Overview:
This has been a market for 80 years! It is absentee run. It is a neighborhood store located on a busy street. Store has a 36% gross profit. About 25% of sales is prepared foods. The only cooking is fried chicken. They have a walk-in cooler and freezer. Closes at 8p.m.
Property Features and Assets:
The lot is 1 acre with parking for 10 cars. The building is 2,100 square feet and in good condition.
Market Competition and Expansion:
No new competition can get close because the store is in a residentially zoned area.
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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