Business For Sale

Well-Established West Michigan Convenience Store

Not Disclosed, MI
Ottawa County

Growing area with low competition


Asking Price: Annual Revenue:
$99,900 $550,173

Food & Beverage: Convenience Stores


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RE: Well-Established West Michigan Convenience Store Broker: Seller of Business
License #: 6505390109

Quick Facts

Asking Price: $99,900
Annual Revenue: $550,173
Net Profit: Not Disclosed
Cash Flow: $49,706
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1977
Employees: 2
BBN Listing #: 274145079
Broker Reference #: 921

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Business Overview:

Established over 40 years ago, this West Michigan-based convenience store offers a great opportunity for continued growth under new ownership. The retail shop sells a variety of products from beer and liquor to snacks and candy. Located in a growing area without significant competition, the Company is well-positioned in the market.

The Company operates out of a standalone 1,500 sq. ft. facility that is leased from an unrelated entity.

The owner is selling to because he is seeking more time to spend with his family. He is willing to participate in a reasonable transition period.

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Property Features and Assets:

Leased standalone building with parking lot.

Market Competition and Expansion:

The Company's investment highlights include: 1) Established Social Media Presence – The Company is well-positioned on social media with a large number of followers. The store is able to leverage its presence for significant exposure during special announcements and sales. 2) Great Location – The convenience store is located in a growing area in West Michigan. It is expected that there will be several new houses built in near proximity to the store. 3) Lack of Competition – The Company faces almost no competition in the area leaving it well-suited to serve many customers with nowhere else to turn. The Company's growth opportunities include: 1) Addition of lottery tickets 2) Expanding Grocery Items 3) EBT Acceptance

Reason for Selling:

The owner is seeking more time with family.

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.

Documents:

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