Convenience Store in West Side of Cleveland

Cleveland, OH (Cuyahoga County)

1.p.Cstore.West.Side

Asking Price:$145,000

Cash Flow:N/A

Gross Revenue:$761,471

EBITDA:N/A

FF&E:N/A

Inventory:$80,000*

Established:N/A

*not included in asking price.

Convenience Store in West Side of Cleveland

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Business Description

Well Established C-Store in a Working Class neighborhood of West Side of Cleveland. It has a configuration that is usual in the industry (about 3,600_ sq. ft., parking lot in the front ( 13 parking spots), has hood and offers Deli foods, coffee, a wide variety of hot food items, and a broad selection of groceries, coffee, beer/wine (including Sunday Sales), other beverages, and other selected traffic building merchandise. It has an ATM, and ells Lottery.
2014 Sales : $780,000
2015 Lottery Ticket Commissions: $12,000-plus.
PRICED TO SELL at $145,000 +Inventory at cost.
REASON FOR SALE: Family Circumstances.
Hours: Weekdays: 9:00 am to Midnight; Weekends: 9:00 am to 1:00 am.
Lease: The lease rate is $4,023 per month and there are two(2) 5-year terms option at $4,023/month (subject to confirmation.)
Liquor Licenses: Beer/Wine for Monday through Sunday.
Special Services: EBT, Money Order, Fax Service, Photocopy, Bill Pay.
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Enterprise Development Resources, Inc. makes no warranty or representation in connection with the information provided herein. Participants are responsible for their own representations and due diligence.
Elias E. Ladon is a Registered Investment Banking Representative. Any securities transactions will be conducted through RWI LLC.
Any Real Estate transactions will be conducted via Eranco Associates Real Estate Division.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Facilities:
This store is about 3,600 sq. ft. and is designed for a Convenience Store. It has about 13 parking spaces.
Competition:
The convenience store trade is competitive. Long hours, good service and variety of miscellaneous services and food offerings (e.g. Deli cold & hot) makes the store more attractive to customers.
Growth & Expansion:
A lot of this is driven by the operators.
Support & Training:
Seller will train as per agreement with the Buyer.
Reason for Selling:
Personal circumstances.

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Elias E. Ladon

Business Listed By:
Elias E. Ladon

Enterprise Development Resources, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in the Ohio Business Brokers Association (OBBA).

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