$100,000 NET #10 Huge and Busy Convenience Store on A Busy Corner!!!!!

Phoenix, AZ (Maricopa County)

Seller Financing Available
$100,000 NET #10 Huge and Busy Convenience Store on A Busy Corner!!!!!
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Asking Price: $175,000

Cash Flow: $100,000

Gross Revenue: $780,000

EBITDA: N/A

FF&E: $85,000

Inventory: $55,000*

Established: N/A

*not included in asking price.

$100,000 NET #10 Huge and Busy Convenience Store on A Busy Corner!!!!!

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Business Description

Here is the store that boasts over 2900 sq.ft. in a very busy corner that has non-stop traffic and tons of room for anything you want to do. The listing does not include the revenue from gold sales or check cashing which the store used to do around 1.5 million plus a month. The store used to produce over $120,000 in gross sales a month not too long ago but the owner has had a string of health problems in the past year which has hurt the sales. The owner has got back on track and it is pumping again. This store has tons of potential especially with the size of the space and the location. The store has a wrap around walk-in cooled and tons of showcases for smoke shop products and an unbeaten location. The lease is spectacular at only $3050 per month with 3 years left and four 5 year options remaining. The owner is very confident in the store and is willing to carry with $100,000 down for 2 years at 6.5% interest. Hurry up this store will go quick. These deals are very rare.

Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2900 sq.ft. store on a very busy corner
Growth & Expansion:
Tons of potential with a dedicated owner and definitely add even more inventory.
Financing:
$100,000 down and $75,000 for 2 years at 6.5% Interest
Support & Training:
2 Weeks after Sale
Reason for Selling:
Health Issues
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Contact the Seller

(from currently available funds)
 
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Mike Darmo

Business Listed By:
Mike Darmo

American Realty Brokers

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