$144,000 NET Busy and Established #10 Convenience Store w/ Great Lease

Glendale, AZ (Maricopa County)

Seller Financing Available
$144,000 NET Busy and Established #10 Convenience Store w/ Great Lease
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Asking Price: $225,000

Cash Flow: $144,000

Gross Revenue: $900,000


FF&E: $50,000

Inventory: $75,000*

Established: N/A

*not included in asking price.

$144,000 NET Busy and Established #10 Convenience Store w/ Great Lease

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Business Description

If you are looking for a well-established store that does consistently great numbers and produce great income then look no further. This store boasts a great central location on the end cap of a busy center with complete frontage visibility to a busy street. The store itself is stocked with solid inventory and boasts a large walk in cooler with newer compressors that have 3 years left of the warranty on them. The numbers advertised do not include the lotto sales which this store does a lot. The lease in place is great as well at $3500 per month for the next 5 years with two more 5 year options. The store has two employees that work 40 hours a week and take a payroll of $4000 total a month. Run it yourself and make an additional $4000 a month. The store consistently produces and the owner is only selling it because of his health and wanting to retire. Hurry up this store will go quick.

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
2000 sq.ft. store sitting on the end cap of a busy center with great frontage exposure.
Growth & Expansion:
Tons of room for growth by adding additional revenue stream and more smoke shop items and continue on the path of the current owner.
Seller will carry with $150,000 down and the balance for 3 years at 6.5%
Support & Training:
2 Weeks after Sale
Reason for Selling:
Retiring and Health Concerns
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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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