Profitable Convenience Store in upscale neighborhood

Coconut Grove, FL (Miami-Dade County)

inside

Asking Price:$340,000

Cash Flow:N/A

Gross Revenue:$800,000

EBITDA:$100,000

FF&E:$12,000

Inventory:$40,000*

Established:4

*not included in asking price.

Profitable Convenience Store in upscale neighborhood

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Business Description

Awesome Convenience store with great reputation and potential to grow

Awesome convenience Store with great reputation and repeated customers.
It's a turnkey family owned and operated business, conveniently located across the marina, in very nice and safe neighborhood.
Very clean and organized place with friendly service. Easy to manage and reputed for its fresh breakfast and lunch.

Detailed Information

Inventory:
Not included in asking price
Employees:
2 FT 4 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2200 Sft with lease expiring in may 2017 + 5 years option. The rent is $4950 per month including taxes Parking for 5 cars in front of the store and off-street parking. Hours of operation: monday to Sunday 7am to 10pm and sunday 8am to 10pm The store is surrounded by a pizzeria, hair salon, office buildings and condos, and across from the marina. Very well maintained equipment, air conditioning system, ceiling, electricity. Remodeled 3 years ago. Surveillance video cameras. Licenses beer and wine, food, tobacco, lotto.
Competition:
Famous for their delicious and freshly made sandwiches, salads, good coffee, fresh juices, smoothies, milk shakes. Good selection of fresh kraft beers, snacks, sodas and wine.Tables and chairs inside where you can eat your subs. Very friendly staff contributes to the excellent reputation.
Growth & Expansion:
The sales have been growing over the past 3 years since the new owners remodeled and opened the place. This store has a good potential to grow by adding more catering and deliveries to office buildings around the Store and also evening deliveries.
Support & Training:
The managers will train for 2 weeks the new owner.

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Raquel Afriat

Business Listed By:
Raquel Afriat

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