MergerPlace

Very Profitable C-Store

Florida (Broward)


  • Asking Price: $289,000
  • Gross Income: $449,919
  • Cash Flow: $202,969
  • Real Estate: Not Disclosed
  • Inventory: $40,000
  • FF&E: $10,000
  • Listing ID: #204950
  • Established: 1993
  • Employees: 1 FT/ 1 PT

Business Description

This easily distinguishable C-store has been established for over twenty five years in the same location and has had the same owner for eight years. Its multiple revenue stream consists of selling groceries, household items, lotto, ATM, cigarettes, soda, beer, wine, etc. Steady growth in sales by supplying local residents, neighboring businesses and shops. Fruit & vegetables are sold here as well as sandwiches, ice cream, bags of ice and propane tanks. Could open earlier and close later. Proof of funds or a bank letter of available credit required before any information is dispersed. If partial funds are available we may assist with financing sources. May qualify for a VISA!


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Florida
County: Broward

Company Information

Year Established: 1993
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT/ 1 PT

Financial Information

Asking Price: $289,000
Gross Revenue: $449,919
Cash Flow: $202,969
FF&E: $10,000
Inventory: $40,000
Seller Financing Available: Yes

Property Information

Facilities:

2,500 sq ft of front store space in a beautiful and newly renovated strip plaza situated on a major county road. This C-store has been in the same location for over twenty five years so a lot of customers end up here by default. The plaza has plenty of parking and approximately 100,000 cars pass that road every day. Low rent, friendly neighbors and landlord.

Growth & expansion opportunities:

This independent C-store has a very distinctive look, it's clean inside and out and boasts a strong customer following. Lots of new construction nearby has the potential of increasing this business. Customers love shopping here. Great potential for growth as there are no other C-stores like this in the general vicinity.

Competition:

The current owner bought the business in June 2010 and made money from day one. The C-store has been operational in the same location for over two decades. The sales have grown over the months to approximately $550,000 annually.

Reason for selling:

Owner is relocating.

Support & Training:

Will train for 2 weeks @ no cost. No special skills required to run this store. Seller will train for two weeks and will introduce buyer to vendors and repeat customers. Buyer has to obtain the occupational license from the city and get their own lottery license, cigarette, beer and wine license from the state as guided by the seller. Obtaining such licenses is an easy activity.

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Business Listed By:

Anton Joro

Murphy Business Brokers