Profitable Convenience Store with A+ location

Tucson, AZ (Pima County)

Seller Financing Available
Super convenient for students
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Asking Price: $275,000

Cash Flow: $150,000

Gross Revenue: $635,000

EBITDA: N/A

FF&E: $50,000

Inventory: $50,000*

Rent: $3,824 /Month

Established: 2004

*not included in asking price.

Profitable Convenience Store with A+ location

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Business Description

Practically surrounded by the UofA, this convenience store is perfectly situated for continued growth and benefit to the owner. Having all the standard snacks, and a #10 for beer and wine, the owner as a good staff of 4 (1FT, 3PT) and rarely needs to be present. Price includes a substantial FFE to include two 20 foot containers, ATM, POS, coolers, kitchen. Includes substantial sub lease rent from take-away kitchen that is huge with students craving hot food, and sub lease monthly rent from van service that drops off and picks up in the ample parking lot. Over 3 years left on the lease. Price DOES NOT include inventory which varies substantially depending on season and calendar, but owner will work to lower inventory at closing if needed. Will consider financing with the right buyer and terms.

Detailed Information

Location:
Tucson, AZ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,790
Lease Expiration:
12/31/2022
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully stocked and serviced convenience store, e.g., walk in coolers for beer and food storage, plus a small to-go kitchen serving up hot food. Plenty of parking and covered patio for patrons. And a couple of 20-ft containers for supplies, one outfitted with air conditioning for use as small office.
Competition:
Very little. "Around the corner" and short walk for most of the students and has just what they need: snacks, sodas, munchies, supplies, cold beer, wine, and hot food from a small to-go kitchen open late into the night.
Growth & Expansion:
Hard to improve these financials, but maybe a campaign to reach out to the Freshman, and occasional social media marketing promotions as a reminder to all the students they have what they need.
Support & Training:
Negotiable to insure a smooth transition
Reason for Selling:
Other business interests
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(from currently available funds)
 
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Bill Swan

Business Listed By:
Bill Swan

Tucson Business Investments

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Sponsoring Broker:
Jon Barger, CBB, SBA

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