PHOENIX, Arizona
| Asking Price |
$475,000 |
Year Established |
|
|
| Annual Revenue |
$750,000 |
Reason for Selling |
|
|
| Annual P/L |
$180,000 |
Attention |
Mike Darmo |
|
| Annual Cash Flow |
$0 |
Listing Number |
1005474 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Convenience Stores |
|
Business Overview:
If you are looking for a convenience store/deli in a highly desirable area that is surrounded by with tons of traffic and an always packed street with tons of room for growth and opportunity then look no further. Convenience Stores are some of the most sought after businesses since a lot of landlords are not approving new ones being built and with the location of this one the competition is slim to none. Located near the Central North corridor of Phoenix. The lease is only $6,050 per month for over 2,000 square feet of space and nice showcases and furniture, fixtures, and equipment. The lease is good for 10 years with a 5 year option The store also has $50,000 in inventory included in the asking price along with $75,000 worth of FF&E this is an asset sale price but with an established business. The business has 5 employees. The Seller is also offering amazing Seller Financing terms with $300,000 down and $175,000 for 3 years at 7%. When you see the location and pictures you will know why this store will sell very quickly.
Property Features and Assets:
<p>2000 Sq.ft. suite on the corner of a busy strip center<br></p>
Market Competition and Expansion:
<p>Tons of room for growth with more ownership involvement<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity