Profitable Convenience Store in Downtown Rockville, MD

Rockville, MD (Montgomery County)

Profitable Convenience Store in Downtown Rockville, MD

Asking Price:$450,000

Cash Flow:N/A

Gross Revenue:$700,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2011

Profitable Convenience Store in Downtown Rockville, MD

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Business Description

Big Potential, Long Lease!

The only convenience store in front of Rockville Metro Station, one of the busiest metro stops in the DMV area with an average of 300 transactions a day. A great opportunity to own the business with a 15-year lease. The store has a three-year history of over $700,000 gross sales from lottery, coffee, deli, and all groceries as well as a potential for creating two separate businesses within the store (fast food center and convenience store).

This is a perfect business for a family owner-operator who is looking for a highly profitable business with low expenses (rent for only $2700 with lease expiring in 2031) across the metro and ride on station as well as in the center of many small businesses with lots of residential houses. The 2,200 sq. ft. store is open from 5:30 AM – 10:00 PM weekdays, from 6:00 AM – 9:00 PM on Saturdays, and 7:00 AM – 6:00 PM on Sundays with two shifts (two full time employees per shift). The store has 12 reserved parking spots (six in front and six behind). Family members running the business can gain an additional cash flow of approximately $40,000 by saving on employee payroll.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
2,600
Lease Expiration:
12/26/2031
Employees:
8
Facilities:
Inventory: Half the price of the inventory Furniture, Fixture and Equipment (FF&E): Included in asking price
Competition:
No direct competition
Growth & Expansion:
potential for creating two separate businesses within the store (fast food center and convenience store).
Support & Training:
Buyer will receive ongoing training and support from seller
Reason for Selling:
Sellers will move to a higher business with more capital

Listing Statistics for Premium Members

Business Location



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Business Listed By:
Dereje Tessema

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