Asking Price:

$40,000

Gross Income:

N/A

Cash Flow:

N/A

FF&E:

N/A

Inventory:

$15,000.00 **

Real Estate:

N/A

Year Established:

N/A

Employees:

N/A

Business Types:

Convenience Stores
Miscellaneous Retail

** not included in the asking price

Business Description

This convenience store is located on a very busy boulevard in a very diverse North Orange County city. In addition to the typical product lines offered at convenience stores, this store serves the local market by offering a variety of services including: lottery tickets, bus passes, international wire transfers, a variety of bill payments (department store credit card payments, utilities, cell phone and internet services), recharge minutes for international cell phone services and limited check cashing. They also offer expedited cargo shipping services to Mexico, Central America and Columbia. The owner works with several local businesses to sell product on a consignment basis. The business can be expanded through additional product lines, selling meat and produce and marketing the services. The store is approximately 2,100 square feet and the rent, including CAM, is $2,461. The business does not have good books and records. Buyer will need to complete their own observation of the business.

Detailed Information

Facilities:

Store is located on busy, major boulevard with local neighborhood traffic. It is part of a strip shopping center that includes a busy Laundromat and beauty college. There is a large, easily accessible parking lot. Several brand name fast food establishments are within a block. The store is approximately 2,100 square feet and the rent, including CAM, is $2,461.

Competition:

Local population likes to shop at small, neighborhood stores. There are no large grocery stores in the immediate area.

Growth/Expansion:

Store currently carries a variety of products with an emphasis on the Hispanic community. Product line can be expanded to serve the large Asian population. Adding produce and meat will increase customer traffic. The store can be expanded into a large storage area in the back.

Support/Training:

Owner will provide appropriate training.

Reason Selling:

Store was a family run business until the two children moved away to college.

Broker Information

Karen Christensen

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