GLENDALE, Arizona
| Asking Price |
$499,000 |
Year Established |
|
|
| Annual Revenue |
$1,000,000 |
Reason for Selling |
|
|
| Annual P/L |
$180,000 |
Attention |
Mike Darmo |
|
| Annual Cash Flow |
$0 |
Listing Number |
980296 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Convenience Stores |
|
Business Overview:
Here is the store that boasts a large area and a great location in a very busy part of Central Glendale that has non-stop traffic and tons of room for anything you want to do. The store is 2,500 square feet with a rent of only $5,000 with 2 years left and options. The store produces over $1,000,000 in gross sales a year and around $180,000 in NET profit in the owner's pocket after all expenses with the owner working around 40 hours a week. This store has tons of potential especially with the size of the space and the location. The store boasts $130,000 worth of inventory at cost not included in the price. The store also has a wrap around walk-in cooled and tons of showcases for smoke shop products and an unbeaten location and a possibility to add a Drive-Thru Window which the sellers are working on. Hurry up this store will go quick especially for this price and the amazing lease rate. These deals are very rare.
Property Features and Assets:
<p>Beautiful Stand Alone building near a very busy street.<br></p>
Market Competition and Expansion:
<p>Tons of room for growth with time and dedication.<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