CStore Priced at $74,900 Annualized Cash Flow $94K

Not Disclosed, PA
Montgomery County

Asking Price: Annual Revenue:
$74,900 Not Disclosed

Food & Beverage: Convenience Stores

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RE: CStore Priced at $74,900 Annualized Cash Flow $94K Broker: Richard Collins

Quick Facts

Asking Price: $74,900
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 717855492
Broker Reference #: 45783-299004

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Business Overview:

The owners of this convenience store have lowered the price for a quick sale. They do not have the time to develop this fairly new business without having a negative effect their other three businesses. It is not often that a buyer can purchase a business at one times annual cash flow never mind one times 10 month cash flow. (annualized cash flow is $94,365). This business is a great opportunity to buy a business very inexpensively!!!!
This store is located near one of the entrances of a busy discount mall which boasts 140 +stores and services with many of those being high end and well-known brands. The store, having been completely built prior to its opening in March of 2021, has all new Furniture, Fixtures and Equipment.
The current owners negotiated a favorable lease with the landlord with the months of January through March costing $1,800, the months of April through October costing $2,800 and the months of November and December costing $3,800. Total CAM and Utility fees total an incredibly low flat fee of $150 a month. Very reasonable!
The owners are motivated to sell as they are overwhelmed by this store's recent addition to their four other businesses. November and December are the malls busiest traffic months where the mall is so busy the parking lot often overflows and has its entrances shut down until there is room to park. It was recommended that the owners wait to sell until after the stores results for
the expected very profitable profitable months of November and December came in. That expected profitability did in fact, did occur. The business had revenues of $143,278 and a cash flow of $78,638 in its first ten months of operation even with the great challenges of the pandemic (annualized cash flow was $94,365).
This is a great opportunity for someone who has the time and desire to own and operate a new convenience store in a great location for a reasonable rent at less than one time annual cash flow!!!!

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Reason for Selling:

Other business interests.

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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