MergerPlace

Neighborhood Convenience Store

Washington


  • Asking Price: $115,000
  • Gross Income: $283,091
  • Cash Flow: $57,028
  • Real Estate: Not Disclosed
  • Inventory: $24,116
  • FF&E: $2,678
  • Listing ID: #207323
  • Established: 2012
  • Employees: 3 PT

Business Description

Neighborhood convenience store in a highly populated area with a great deal of traffic. They sell various grocery items as well as medicine, novelty souvenirs, beer/wine and tobacco.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Washington

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 PT

Financial Information

Asking Price: $115,000
Gross Revenue: $283,091
Cash Flow: $57,028
FF&E: $2,678
Inventory: $24,116
Seller Financing Available: No

Property Information

Facilities:

The business is in a leased ~1,460 square foot store front in a downtown neighborhood setting.

Growth & expansion opportunities:

The neighborhood where the store is located is in a growth period and the customer base is rising.

Competition:

There is competition, but their proximity to residences makes them a convenient stop for local customers.

Reason for selling:

Seller is moving.

Support & Training:

Will train for 2 weeks @ no cost. The store stocks convenience items such as snacks, soft drinks, tobacco, beer, wine, and medicine. A new owner would need to control inventory and ordering, stocking, bookkeeping and customer service.

Contact Business Seller

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Business Listed By:

Linn Crader

Murphy Business Brokers