Est. & Profitable Corner Convenience Store w/ High Traffic Flow

Kootenai County, ID

Est. & Profitable Corner Convenience Store w/ High Traffic Flow

Asking Price:$104,000

Cash Flow:$70,162

Gross Revenue:$368,432

EBITDA:N/A

FF&E:$25,000

Inventory:$24,000

Real Estate:$294,000*

Established:1944

*not included in asking price.

Est. & Profitable Corner Convenience Store w/ High Traffic Flow

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Business Description

Price reduced, motivated Seller! Location and rooftops are what you look for in a convenience store and this has both! Very well established corner location, this has been a mainstay for area residents and college students alike. This profitable turn key business, with an estimated population of 35,000+ within 5 minutes of the store, has proven profitable, stable and consistent earnings along with the benefit of added growth potential inside the store.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
3 FT/1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This centrally located store has great curb appeal and well positioned on a nicely landscaped corner lot. Easy access in and out of the parking lot onto two different main arterial streets with traffic lights at the intersection. The store is well stocked and spotless. Seller owns the real estate and it is available to purchase.
Competition:
There are no immediate competitors in this part of town.
Growth & Expansion:
Inside the store is spacious and would accommodate growth. Increasing tobacco sales would be an easy boost to the bottom line . Seller also owns two adjacent residential properties that may be purchased for future development. The two homes are currently rentals and the Seller would consider a package deal with the business. Simple creative marketing/social media presence opportunity since there is currently none along with better signage and advertising. Great opportunity for an owner/operator as well if desired although not required. Addition of money orders and check cashing would also increase sales.
Support & Training:
Will train for 2 weeks @ no cost. Owner currently manages the store but only works 1-3 days. Basic management duties include ordering of inventory, employee scheduling, banking, etc. Easily absentee owned or with minimal involvement. Sales also include beer, wine, tobacco products along with OTC medication.
Reason for Selling:
Retirement.

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Ken Bohenek

Business Listed By:
Ken Bohenek

Murphy Business & Financial Corporation

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Murphy Business

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