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$120,000 NET #10 Absentee-Run Convenience Store
GLENDALE, AZ
MARICOPA County
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| Asking Price: | Annual Revenue: |
| $185,000 | $720,000 |
Food & Beverage: Convenience Stores
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RE: $120,000 NET #10 Absentee-Run Convenience Store
Contact: Mike Darmo
Quick Facts
| Asking Price: | $185,000 | |
| Annual Revenue: | $720,000 | |
| Net Profit: | $60,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $85,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 3 | |
| BBN Listing #: | 289959836 | |
| Broker Reference #: | Not Disclosed |
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Business Overview:
Presenting a beautiful and larger store with multiple revenue streams with tons of room and a great in place at only $4,950 for 8 years. The store has a great variety of product for both the convenience store side and the smoke shop side. Also the owner sub-leases the backspace to another business that pay $1,000 per month so the net lease is only $3,950 pr month and that is why it is such a gold mine. The owner currently has 3 employees and has a payroll of $10,000 a month. Run it yourself with a family member and you can make $15,000 NET per month. The store is centrally located on a very busy street and great signage. Wait till you check out the pictures and you will be amazing on how large and how clean this store is. The seller assures that they can prove the numbers through receipts and bank statements. Hurry up these kinds of deal go quick!
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Property Features and Assets:
3,000 square feet store with frontage to a very busy sweet with ample parking.
Market Competition and Expansion:
Tons of room growth with an owner that runs it themselves and also keep check cashing for additional income.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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