MergerPlace

Convenience Store

Maryland (Howard)


  • Asking Price: $110,000
  • Gross Income: $408,672
  • Cash Flow: $41,529
  • Real Estate: Not Disclosed
  • Inventory: $15,000
  • FF&E: $10,000
  • Listing ID: #207215
  • Established: 2002
  • Employees: 1 FT/ 2 PT

Business Description

Great opportunity to own a high traffic, manageable and superbly situated convenience store. The right owner can realize upside in this opportunity. Motivated Seller.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Maryland
County: Howard

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/ 2 PT

Financial Information

Asking Price: $110,000
Gross Revenue: $408,672
Cash Flow: $41,529
FF&E: $10,000
Inventory: $15,000
Seller Financing Available: No

Property Information

Facilities:

Smaller 500+ sq ft space inside a mall at the main entrance to a large eatery.

Growth & expansion opportunities:

This convenience store has tremendous growth opportunity through strategic marketing and focused/strategic product assortment. When the owner was more involved the store tracked over $450,000 in sales.

Competition:

Minimal competition in the mall. Fast food restaurants in the food court offer drinks but are high-priced. Upside for this convenience store to increase sales by offering drinks and product not offered by existing mall vendors. For example, the store could offer a larger variety of sports and energy drinks.

Reason for selling:

The owner wants to retire.

Support & Training:

Will train for 4 weeks @ no cost. Customers include mall foot traffic and mall employees. Typical product: Drinks (highest volume) Lottery Cigarettes Snacks Medicines (OTC) Newspapers

Contact Business Seller

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Business Listed By:

Michele Pouliot

Murphy Business Brokers