convenience store

Not Disclosed, RI
Providence County


Asking Price: Annual Revenue:
$95,000 $160,500

Food & Beverage: Convenience Stores


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RE: convenience store Broker: corporate business Brokers

Quick Facts

Asking Price: $95,000
Annual Revenue: $160,500
Net Profit: $132,534
Cash Flow: $71,214
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 70314750
Broker Reference #: 00909

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Business Overview:

Neighborhood convenience store located in the heart of residential area. Considered the only store in the neighborhood. Does about $55,000-$60,000 months in sales. Run by the owner but could be run by employees as well. Everything sold in a high margin. the owner lives on the floor above the store, so the apartment is available for the new owner if desired. Can also add deli in the store to increase the volume and the revenue. does very well with lottery and ATM commission. very densely populated area. the store has been there for a long time. new owner can do better with no questions asked.

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Reason for Selling:

Personal

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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