MergerPlace

Profitable Convenience Store-ONLY

Maryland (Anne Arundel)


  • Asking Price: $200,000
  • Gross Income: $490,391
  • Cash Flow: $79,534
  • Real Estate: Not Disclosed
  • Inventory: $25,800
  • FF&E: $20,000
  • Listing ID: #220027
  • Established: 2007
  • Employees: 1 FT / 1 PT

Business Description

This large 3000 sq. ft convenience store is located in a high traffic location with ample parking. They have highest lottery sales in the immediate area (2019 Lottery commission was $132,422) and carry a variety of products: grocery items, drinks, snacks, ice cream, propane, ice (bags), bait, cigarettes etc. The facility has the space to offer deli, coffee and other food items. Selling price includes $25,000 of inventory.


Business Details

Primary Business Category: Retail Trade - Gasoline and Service Stations
Location: Maryland
County: Anne Arundel

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT / 1 PT

Financial Information

Asking Price: $200,000
Gross Revenue: $490,391
Cash Flow: $79,534
FF&E: $20,000
Inventory: $25,800
Seller Financing Available: No

Property Information

Facilities:

The facility is located in a strip mall in a high traffic location. They have daily neighborhood patrons that buy on a regular basis. The space is 3000 sq ft end unit closest to the road. Rent is $4900.

Growth & expansion opportunities:

Great potential growth if the new owner adds coffee, deli food, adds phone accessories and other convenience store items.

Reason for selling:

Two brothers own the store but have other full time jobs. Their father manages the store but would like to retire.

Support & Training:

Will train for 4 weeks @ $5,000.

Contact Business Seller

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Business Listed By:

Michele Pouliot

Murphy Business Brokers