Convenience store for Nothing ($15,000.00)

Eustis, FL (Lake County)

Convenience store for Nothing ($15,000.00)

Asking Price:$15,000

Cash Flow:$60,000

Gross Revenue:$480,000





Convenience store for Nothing ($15,000.00)

Get Financing Save Print Share Valuation Report

Business Description

A convenience store that has changed hands for over $100,000 can be bought for a token price of $15,000 and a rent of $1,900.per month including sales tax.Store has been there for years and is only up for rent because the previous tenant failed to pay sales tax on other stores that he owned and operated and got into trouble with paying his rent. Landlord evicted him and now wants to grant a new lease to a tenant that will pay only a token figure for the equipment that is worth at least $20,000. Store comes without limited inventory ($6,000)and with out any licenses in the new owners name that a buyer will not have any trouble in obtaining a Lotto, Beer and Wine and a food license plus county and city licenses. store always grossed over $50,000 and made a good living for an absentee owner but should be owner operated to maximize the potential,
Where can you pick up a ready going business for $15,000 theses days and just walk in and start making money from day one with out a heavy investment or debt load. Store will require at least $30,000 in inventory, first, last months rent and a security deposit of one month rent. Utilities deposit ($2,500), about $50,000 total should have you in the store and making very good returns on your investment and a payroll for the owner each month as well !. If you ever wanted your own business this is the way to go in this economy and with banks not lending money on businesses. You are paying for no good will but getting it anyway.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
A free standing complete C store including all of the shelving equipment and deli equipment that was grossing over $60,000 a month at 30% mark up, Lotto Commission $1,200 a month, ATM commission $1,200 a month all ready for a buyer. Seller/ landlord has just put in a small amount of inventory and cut the store in half and opened the store up ready for a tenant.
Yes their is always competition but this store always got its share as it has good parking and good visibility and was competitive in pricing and offered all services like Western Union and bill paying, check cashing etc, Rent $1,900 per month and a lease to suit for as long as you need. Once a buyer starts operating this business it will be worth over $65,000 plus inventory in the brokers opinion.
Growth & Expansion:
This store will always give a very good living to an owner operator and one employee.
Support & Training:
Landlord owned and operated the store for years and made enough money out of the store to buy a large property and a business in Texas and now lives there. Seller/landlord will train and assist a buyer to operate the store and is jut looking for a tenant so this is a cheap c store to get into and will be worth a lot very soon as it get back to its original gross sales..
Reason for Selling:
Tenant operating store did not pay sales tax and run into trouble with Florida S

Listing Statistics for Premium Members

Ad#:1241617 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

John Price & Associates

Business Listed By:
John Price & Associates

John Price Broker & Associates

Show Phone Number

View My Listings

Find out more...

Get more details about this business.

Similar Listings

Reis and Irvy's

Franchise Opportunity
Capital Required: $140,000