MergerPlace

West Michigan Convenience Store

Michigan (Ottawa)


  • Asking Price: $129,000
  • Gross Income: $550,173
  • Cash Flow: $49,706
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #205751
  • Established: 1977
  • Employees: 2

Business Description

Established over 40 years ago, this West Michigan-based convenience store offers a great opportunity for continued growth under new ownership. The retail shop sells a variety of products from beer and liquor to snacks and candy. Located in a growing area without significant competition, the Company is well-positioned in the market.

The Company operates out of a standalone 1,500 sq. ft. facility that is leased from an unrelated entity.

The owner is selling to because he is seeking more time to spend with his family. He is willing to participate in a reasonable transition period.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

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Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Michigan
County: Ottawa

Company Information

Year Established: 1977
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $129,000
Gross Revenue: $550,173
Cash Flow: $49,706
Seller Financing Available: No

Property Information

Facilities:

Leased standalone building with parking lot.

Growth & expansion opportunities:

The Company's growth opportunities include: 1) Addition of lottery tickets 2) Expanding Grocery Items 3) EBT Acceptance

Competition:

The Company's investment highlights include: 1) Established Social Media Presence – The Company is well-positioned on social media with a large number of followers. The store is able to leverage its presence for significant exposure during special announcements and sales. 2) Great Location – The convenience store is located in a growing area in West Michigan. It is expected that there will be several new houses built in near proximity to the store. 3) Lack of Competition – The Company faces almost no competition in the area leaving it well-suited to serve many customers with nowhere else to turn.

Reason for selling:

The owner is seeking more time with family.

Support & Training:

Support will be provided through a transition period.

Contact Business Seller

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Business Listed By:

Doug Yntema

Calder Capital, LLC