Convenience Store With Great Cash Flow-28240

Summit County, OH
Summit County

Asking Price: Annual Revenue:
$225,000 $624,000

Food & Beverage: Convenience Stores

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RE: Convenience Store With Great Cash Flow-28240 Broker: Steven Mencini

Quick Facts

Asking Price: $225,000
Annual Revenue: $624,000
Net Profit: Not Disclosed
Cash Flow: $108,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 60594447
Broker Reference #: 28240

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Business Overview:

Convenience store with great cash flow in a residential neighborhood with commercial business in the area. The store has room to put in a deli or kitchen to increase profits dramatically. If the next owner is really ambitious the lot has the space to put in gas tanks & pumps to sell gas, there is no other gas station for two miles. Merchant profits are high at 42%. Store sells Hookah and mark up on Hookah is a high as 500%. The store does between $400 - $500 of lotto a day. Store will also come with a full security system complete with video. The current owner owns the building and will offer new business owner a long term lease ( 5, 5, 5 ) and will negotiate the low lease payment with new owner. Current owner willing to work with new owner for a month to ease the transition with the clientele. You cant beat the price on this convenience store considering the cash flow, all inventory is included in the price so take a closer look at this opportunity and make a strong offer. Please contact us for further information.

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Reason for Selling:

Wants to work on other business opportunities.

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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