Owner Financing is Available!
Business Overview:
HUGE POTENTIAL! Family owned mini mart store with a 21-year track record!
Located on a major street in the city of Hollywood. Heavy drive-by traffic and less that one mile away from the 101 freeway! This is an excellent opportunity to buy a busy Mini Mart store in a prime location of the city. SERIOUS BUYERS ONLY!
This long established business has developed a loyal and devoted customer base offering beer, wine, tobacco, grocery items and much more! There is a huge potential for growth and expansion for anyone with motivation and experience. Recently added lottery scratchers.New Owner may add Western Union, Money Orders and Check Cashing to generate additional revenue.
Asking Price: 199,995
Location: Hollywood
Year Established: 1990
Annual Gross: 336,000
Annual Net: 50,400
Employees: 1- part time
Reason For Sale: Owner Health Problems
Store Sale: 29,000 a month at 35% profit margin
Lotto commissions: 800 per month
ATM commissions: 250 per month
Phone cards: 700 per month
Inventory: Not included, sold separately
Store size: approx. 1100 sf.
Store has 12 door cooler
Rent: 3,600 a month, fixed term ending on 6/2016 with 5 year option to renew.
Hours: Mon-Sunday (6:30 AM - 10:00 PM)
Hugh Potential with Check Cashing, Money Orders, Western Union
SELLER FINANCE IS AVAILABLE!
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For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Asking Price: 199,995
Location: Hollywood
Year Established: 1990
Annual Gross: 336,000
Annual Net: 50,400
Employees: 1- part time
Reason For Sale: Owner Health Problems
Store Sale: 29,000 a month at 35% profit margin
Lotto commissions: 800 per month
ATM commissions: 250 per month
Phone cards: 700 per month
Inventory: Not included, sold separately
Market Competition and Expansion:
Hugh potential with check cashing, money orders, Western Union
Reason for Selling:
Owner's health problems
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.
Resources: