PROFITABLE-small Convenience Store-MOTIVATED seller

Howard County, MD

PROFITABLE-small Convenience Store-MOTIVATED seller
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Asking Price: $195,000

Cash Flow: $41,529

Gross Revenue: $408,672

EBITDA: N/A

FF&E: $10,000

Inventory: $15,000*

Established: 2002

*not included in asking price.

PROFITABLE-small Convenience Store-MOTIVATED seller

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Business Description

MAKE money immediately/safe location/lottery/good hours of operation

Great opportunity to own a high traffic, manageable (reasonable hours of operation) and newly renovated convenience store. The store has MD Lottery. Plus inventory (will be taken at time of inventory/average @ $15,000-$20,000) The listing price does not include inventory and the expectations is that the inventory must be purchased and added to the selling price.

Detailed Information

Location:
Howard County, MD
Inventory:
Not included in asking price
Employees:
1 FT/2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The store is 889 sq ft situated next to fast food restaurants (McDonald's) and other retail stores. Very safe area. Reasonable hours 9:30am-9:30pm M-S, Sun 10am-6pm.
Competition:
Minimal competition. Fast food restaurants in the food court offer drinks but are high-priced. Upside for this convenience store to increase sales by offering drinks and product not offered by existing vendors in the area. No other place in the area to purchase medicine, cigarettes, vape products etc...
Growth & Expansion:
This convenience store has tremendous growth opportunity through strategic marketing and focused/strategic product assortment. The store generates $350,000-$450,000 annually.
Support & Training:
Will train for 4 weeks @ $1,000.
Reason for Selling:
The owner wants to retire.
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Michele Pouliot

Business Listed By:
Michelle Pouliot

Murphy Business Brokerage in Maryland

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