Highly Profitable Convenience Store - 32502

Not Disclosed, OH
Cuyahoga County


Asking Price: Annual Revenue:
$375,000 $1,406,396

Food & Beverage: Convenience Stores


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RE: Highly Profitable Convenience Store - 32502 Broker: Nathan Goldstein

Quick Facts

Asking Price: $375,000
Annual Revenue: $1,406,396
Net Profit: Not Disclosed
Cash Flow: $277,796
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 3
BBN Listing #: 92814447
Broker Reference #: 32502

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Business Overview:

Non Stop Customers. Owner and family has built and nurtured this business for the past 13 years and has made this one of the more successful c-stores in the city. This store is situated on a busy street in a busy working class community. Off street parking. Lots of development occurring around this store. Owner able to prove all the financials and willing to allow a prospective buyer to come sit and monitor the business for a week to personally verify the numbers. Very strong financials with revenue exceeding 1.4 million. Lottery commission is approximately $36,000 per year. Plus income from ATM and hefty rebates from cigarette companies. Store sells Beer, Wine, Tobacco, Candy, Groceries and much more. There is a demand for cooked food which a new owner could greatly increase revenue if they offered. Store has over $50,000 in inventory which owner is willing to finance. Also, the owner is willing to sell the property for an additional $300,000. A must see. Contact Gary Sardon or email us for additional information.

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Reason for Selling:

Relocating

Additional Details:

  • The property is owned.
  • 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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