$96,000 NET #10 Beer and Wine Convenience Store

Phoenix, AZ
Maricopa County


Asking Price: Annual Revenue:
$250,000 $840,000

Food & Beverage: Convenience Stores


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RE: $96,000 NET #10 Beer and Wine Convenience Store Broker: Mike Darmo
Owner Financing is Available!
$150,000 down and $100,000 for 3 years at 8.5%

Quick Facts

Asking Price: $250,000
Annual Revenue: $840,000
Net Profit: $96,000
Cash Flow: $96,000
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 732059836
Broker Reference #: Not Disclosed

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Business Overview:

This well established convenience store has a lot of foot traffic and has a very solid customer base. The sale is due to the seller wanting to retire after owning the store for 20 years. This store has a great lease rate at $2,600 per month with all NNN expenses included as well as water for 1,975 square feet The expenses are low and the owner and a part time employee run the store currently. The store does very high margins and the has tons of potential to make even more money with a dedicated owner. The store also does around $40,000 in lottery sales a month at 6.5% margin and the rest of the store does about $40,000 a month in sales as well. The seller is also offering amazing seller financing terms at $150,000 down and $100,000 for 3 years at 8.5% with $35,000 worth of inventory included in the price. At the price and net and terms this will go quick.

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Property Features and Assets:

1,975 square feet storefront in the middle of a busy strip center with corporate tenants surrounding the plaza.

Market Competition and Expansion:

Tons of room for growth with more inventory and maybe some smoke shop items.

Reason for Selling:

Retiring.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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