C- Store Only-Quick Sale - Owner Retiring

Not Disclosed, MD
Howard County

Howard County

Asking Price: Annual Revenue:
$89,500 $330,262

Food & Beverage: Convenience Stores

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RE: C- Store Only-Quick Sale - Owner Retiring Broker: Michele Pouliot

Quick Facts

Asking Price: $89,500
Annual Revenue: $330,262
Net Profit: Not Disclosed
Cash Flow: $41,472
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 3
BBN Listing #: 37344955
Broker Reference #: 2404-14096

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Business Overview:

Great opportunity to own a high traffic, manageable and newly renovated convenience store. The store has MD Lottery. Plus inventory (will be taken at time of inventory/average @ $15,000-$20,000). The listing price does not include inventory and the expectations is that the inventory must be purchased and added to the selling price.

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Property Features and Assets:

The store is 889 sq ft situated next to fast food restaurants (McDonald's) and other retail stores. Very safe area. Reasonable hours 9:30am-9:30pm M-S, Sun 10am-6pm. Assets: $10,000

Market Competition and Expansion:

Minimal competition. Fast food restaurants in the food court offer drinks but are high-priced. Upside for this convenience store to increase sales by offering drinks and product not offered by existing vendors in the area. No other place in the area to purchase medicine, cigarettes, vape products etc... This convenience store has tremendous growth opportunity through strategic marketing and focused/strategic product assortment. The store generates about $350,000 annually.

Reason for Selling:

The owner wants to retire.

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.

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