MergerPlace

Established/Profitable Convenience Store

Baltimore, Maryland (Baltimore)


  • Asking Price: $149,995
  • Gross Income: $541,792
  • Cash Flow: $88,774
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #223612
  • Established: 2008
  • Employees: 3

Business Description

Great opportunity to purchase an established and profitable neighborhood convenience store and market in Baltimore, Maryland. The business has been serving its local community for over 10 years providing a variety of products and services. The store is conveniently located on a highly traveled road surrounded by residential communities, several churches, and a senior living center (where the residents and guests frequently patronize the store). In addition to the numerous food, snack, and beverage offerings the business also offers lottery, an ATM, and is a bill payment center for cell phone and utility service providers. The business is set up to accept EBT payments.

This is a great opportunity for someone looking to get their start in business ownership or for someone looking to build on an existing business portfolio. This business has a great location, solid track record, loyal/stable client base, and financials that support the stated revenue and cash flow. We don’t expect the business to last long, so contact us today!


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Maryland
Metropolitan Area: Baltimore
County: Baltimore

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $149,995
Gross Revenue: $541,792
Cash Flow: $88,774
Seller Financing Available: No

Property Information

Facilities:

The business operates out of a 5,000 sq ft free standing building that is leased for approx. $4500/mo. It is located within a densely populated residential community and near a senior living center and multiple churches that drive a lot of traffic to the business. The interior is clean, organized and well-stocked. All of the shelves, refrigerators and freezers are in good shape and working order.

Growth & expansion opportunities:

There is opportunity to grow and expand the business. The business has seen solid year over year growth in both revenue and cash flow, but there is also opportunity to expand product lines and service offerings. Some of these would include offering money transfer services, phone cards as well as other products and services.

Competition:

There is little to no direct competition in the immediate area. There are some smaller convenience stores that are incorporated in gas stations, but they don’t provide the selection of products and services of this market/c-store.

Reason for selling:

Seller owns another business (a gas station) they would like to focus on.

Support & Training:

Seller will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Ali Raza

Horizon Business Brokers, LLC