Profitable Convenience Store-ONLY

Not Disclosed, MD
Anne Arundel County

Asking Price: Annual Revenue:
$200,000 $490,391

Services: Non-classifiable

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RE: Profitable Convenience Store-ONLY Broker: Michele Pouliot

Quick Facts

Asking Price: $200,000
Annual Revenue: $490,391
Net Profit: Not Disclosed
Cash Flow: $79,534
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 2
BBN Listing #: 42594955
Broker Reference #: 2404-15634

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Business Overview:

This large 3000 sq. ft convenience store is located in a high traffic location with ample parking. They have highest lottery sales in the immediate area (2019 Lottery commission was $132,422) and carry a variety of products: grocery items, drinks, snacks, ice cream, propane, ice (bags), bait, cigarettes etc. The facility has the space to offer deli, coffee and other food items. Selling price includes $25,000 of inventory.

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Property Features and Assets:

The facility is located in a strip mall in a high traffic location. They have daily neighborhood patrons that buy on a regular basis. The space is 3,000 square feet end unit closest to the road. Rent is $4,900. Assets= $236,692

Market Competition and Expansion:

Great potential growth if the new owner adds coffee, deli food, adds phone accessories and other convenience store items.

Reason for Selling:

The owner would like 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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