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- RE: Established Neighborhood C-Store W Kitchen
- Contact: Gary Sardon
Quick Facts
| Asking Price: | $245,000 | |
| Annual Revenue: | $184,480 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $42,110 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | 2 | |
| BBN Listing #: | 1000073 | |
| Broker Reference #: | 022822-497131 |
Business Overview:
Established Neighborhood C-Store w Kitchen + Real Estate Included
An exceptional opportunity to acquire a long-established neighborhood convenience store with active kitchen operations, an income-producing residential apartment, and the underlying commercial real estate—all included in the offering. Located in a densely populated Cleveland-area community, this retail staple has served a loyal customer base for over 50 years, with the current owner operating the business successfully for more than two decades.The business generates stable revenue through multiple diverse streams, including traditional convenience store sales, freshly prepared hot food, state lottery commissions, tobacco products, beverages, snacks, and daily essentials.The commercial real estate is included in the sale and valued at $185,000, offering an excellent opportunity for an owner-operator or investor to secure long-term asset value and eliminate lease-related occupancy risks. Additionally, the property features a residential apartment that can provide supplemental rental income or serve as owner occupancy.This is a fully turnkey operation with only two owners since its inception, boasting a highly recognizable local presence and significant upside potential. Growth opportunities for a hands-on operator include expanding the food service menu, updating merchandising, extending operational hours, implementing delivery partnerships, introducing digital marketing, and modernizing the overall product mix.Ideal for an owner-operator, family-run business, or an investor seeking a stable, community-based retail operation with valuable real estate ownership. Real estate transaction to be handled via a licensed real estate brokerage. Contact us today to learn more about this confidential and highly lucrative business opportunity.
Contact the Seller:
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Property Features and Assets:
Free standing building with basement which can be used for additional storage plus an apartment at rear of building which new owner of business can lease for $700 per month. The available apartment has access to the store. The apartment has 2 bedrooms 2 bathrooms.
Market Competition and Expansion:
Research on competitors for Johnnie's Beverage shows the following companies as top competitors: Minotti's Wine & Spirits, Simone's Beverage & Deli, and Mack's Beverage. Minotti's Wine & Spirits benefits from a strong multi-location footprint across Northeast Ohio and a highly recognized brand name, giving them significant purchasing power; however, their larger scale can result in less personalized service and slower adaptation to local trend shifts. Simone's Beverage & Deli excels in driving consistent foot traffic by pairing its beverage selection with a deli service, though their smaller retail space restricts their overall inventory capacity and wholesale distribution capabilities. Mack's Beverage holds a competitive edge through its highly curated selection of craft beers and dedicated local customer loyalty, but their specialized niche focus limits their appeal to broader mass-market consumers looking for standard commercial beverage options.
Johnnie's Beverage is uniquely positioned to capitalize on several high-conviction growth vectors. First, Product Portfolio Diversification represents a significant opportunity by expanding into high-growth categories such as functional wellness beverages, premium craft sodas, and ready-to-drink mocktails to capture health-conscious demographics. Second, Geographic and Channel Expansion can scale the existing distribution network beyond regional boundaries into new contiguous markets, while securing partnerships with national grocery chains and convenience stores. Third, Digital Transformation and Direct-to-Consumer (DTC) initiatives, including launching an e-commerce platform and a subscription model, will establish a recurring revenue stream and capture valuable customer data. Fourth, Operational Optimization through automated packaging and modern inventory management systems will increase production throughput, lower unit costs, and improve overall gross margins. Fifth, Co-Manufacturing and Private Label Partnerships present an attractive avenue to utilize excess production capacity, generating stable, high-margin institutional revenue streams with major retail partners. Lastly, Sustainable Packaging and ESG Initiatives, including transitioning to eco-friendly materials and energy-efficient operations, will reduce long-term input costs while aligning the brand with modern consumer preferences.
Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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