Food Mart For Sale-28285

Baltimore County, MD

Food Mart For Sale-28285

Asking Price:$99,900

Cash Flow:$97,260

Gross Revenue:$360,000

EBITDA:N/A

FF&E:$25,000

Inventory:$10,000*

Established:N/A

*not included in asking price.

Food Mart For Sale-28285

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Business Description

LOCATION, LOCATION, LOCATION AND PROFIT ? That is what this convenience store is offering for the buyer that acts first. This store has the visibility of three main thoroughfares that has traffic going past it at all hours of the day. The community has been loyal customers of this store for many years. When someone thinks of milk, bread, soda, candy, soups, detergent, and all other groceries that are needed quickly, they think of this neighborhood convenience store. It also offers Western Union, Money Orders, Money Transfer, Bill Pay, and phone repairs here too. The sellers have just invested thousands of dollars in renovations such as inside and out lighting, wood floors, etc to keep it looking fresh and clean for its patrons. Even though it does not sell beer, it has lottery coming to its location. The financials figures are hard to turn down with average monthly sales of $30,000.00 with a gross profit margin of 35% and extremely low overhead giving the sellers a 76% net income to gross profit margin. The two brothers currently work the store from 8 am to Midnight seven days a week. They do not advertise, promote, or offer delivery services that can be added to enhance the value of the new owner. The sales price multiple is currently less than a year for a quick sale. This convenience store is perfect for the buyer who wants to make sure they are buying a profitable store so they do not lose out on their money they used to purchase the business. If a buyer is looking for a good lifestyle business to invest in then this store is it. Call today and do not delay because the smart buyer is going to buy it first. 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
99,900.00 Down
Support & Training:
The seller will train the new owner.
Reason for Selling:
Other business Interest.
Business Website:
http://www.vestedbb.com

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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