Profitable Convenience Store - 28327

Cuyahoga County, OH

Profitable Convenience Store  - 28327

Asking Price:$100,000

Cash Flow:$102,000

Gross Revenue:$360,000

EBITDA:N/A

FF&E:$15,000

Inventory:$55,000*

Established:N/A

*not included in asking price.

Profitable Convenience Store - 28327

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Business Description

This long time convenience store is looking for a new owner. This profitable store has fantastic capabilities to increase sales by at least 30% or more. The store currently does not sell hot food but has the room and equipment to make sandwiches or chicken. The store has a C1 liquor license and with a simple upgrade the store could sell wine and have Sunday liquor license. The store sells domestic and imported beer with plenty of cooler space. Also available to the clientele is an ATM, lotto and cigarettes. Merchant sales minus lotto and cigarettes are at a very nice 40% profit margin. The store is very well run and the owner is willing to open the books. The owner is also willing to work with the new owner for two weeks to ease the transition with the employees & clientele. This turn key very profitable convenience store can go to the next level with some very simple adjustments as was mentioned above. The current owner has not made an attempt at adding hot food, sandwiched and Sunday beer because he is looking to retire. Don't let this profitable business pass you by, take a closer look and please make a reasonable offer. Owner anxious to sell. Please call 1-877-735-5224 for further information.

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
Support & Training:
seller will train
Reason for Selling:
Retiring

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

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