$120,000 NET #10 3000 Sq. Ft. Convenience Store and Smoke Shop

Glendale, AZ (Maricopa County)

$120,000 NET #10 3000 Sq. Ft. Convenience Store and Smoke Shop
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Asking Price: $299,990

Cash Flow: $120,000

Gross Revenue: $1,080,000

EBITDA: N/A

FF&E: $85,000

Inventory: $80,000*

Established: N/A

*not included in asking price.

$120,000 NET #10 3000 Sq. Ft. Convenience Store and Smoke Shop

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Business Description

$240,000 NET If You Run It Yourself THAT'S RIGHT $240,000 NET

Presenting a beautiful and larger store with multiple revenue streams with tons of room and a great in place at only $4500 for 5 years with a 5 year option. The store has a great variety of product for both the convenience store side and the smoke shop side. The owner has owned it 20 years and is retiring and that is the reason for selling such a gold mine. The owner currently has 3 employees and has a payroll of $10,000 a month. Run it yourself with a family member and you can make $20,000 NET per month. The store is centrally located on a very busy street and great signage. Wait till you check out the pictures and you will be amazing on how large and how clean this store is. The store also does check cashing but that revenue is not in the advertised net. That is just another of income you can make. The seller is also willing to give great seller financing terms, the seller is willing to carry $150,000 of purchase price for 2 years at 0%. The seller assures that they can prove the numbers through receipts and bank statements. Hurry up these kinds of deal go quick!!!!!!!

Detailed Information

Inventory:
Not included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3000 sq.ft. store with frontage to a very busy sweet with ample parking
Growth & Expansion:
Tons of room growth with an owner that runs it themselves and also keep check cashing for additional income.
Financing:
Seller will carry $150,000 of price for 2 years at 0%
Support & Training:
2 weeks after sale
Reason for Selling:
Retiring
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(from currently available funds)
 
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Mike Darmo

Business Listed By:
Mike Darmo

American Realty Brokers

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