Profitable Turn-Key Neighborhood Convenience Store

Durham, NC
Durham County

Neighborhood Store

Asking Price: Annual Revenue:
$98,000 $540,000

Food & Beverage: Convenience Stores

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RE: Profitable Turn-Key Neighborhood Convenience Store Broker: Sara Cartee
License #: 180606

Quick Facts

Asking Price: $98,000
Annual Revenue: $540,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NC
Year Established: 2015
Employees: 2
BBN Listing #: 99041150
Broker Reference #: CS98095

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Business Overview:

Profitable, Turn-Key Neighborhood Store. This store clean, well-run and set up perfectly for a buyer to make money from day one.The owner has been here for 5 years in the store and has created a loyal customer base that faithfully visits the store. The store itself is situated on a corner in a large neighborhood and is the most convenient location for the residents. It's not very big, but what it lacks in size, it makes up for in efficient use of space and proper stocking of merchandise. The smaller footprint also makes it very easy to manage as an owner-operator.The store includes a small grill that can be operated or leased on to a tenant that will drive more traffic inside. Retail sales average $45,000/month, Lottery commission of $800/month, and ATM fees of $2,50/month. Rent is $2,000/month. An owner-operator working about 35 hours/week should have a net discretionary income of approximately $88,000/year.

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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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