PHOENIX, Arizona
| Asking Price |
$120,000 |
Year Established |
|
|
| Annual Revenue |
$300,000 |
Reason for Selling |
|
|
| Annual P/L |
$50,000 |
Attention |
Mike Darmo |
|
| Annual Cash Flow |
$0 |
Listing Number |
989250 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Convenience Stores |
|
Business Overview:
This well established convenience store has a lot of foot traffic and has a very solid customer base. The sale is due to the seller wanting to retire after owning the store for 24 years. This store has a great lease rate at $2700 per month with all NNN expenses included as well as water for 1975 sq.ft. The expenses are low and the owner and a part time employee run the store currently. The store does very high margins and the has tons of potential to make even more money with a dedicated owner. The store also does around $30,000 in lottery sales a month at 6.5% margin and the rest of the store does about $30,000 a month in sales as well. At the price and net and terms this will go quick.
Property Features and Assets:
<p>1975 sq.ft. storefront in the middle of a busy strip center with corporate tenants surrounding the plaza.<br></p>
Market Competition and Expansion:
<p>Tons of room for growth with more inventory and maybe some smoke shop items.<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