Return to broker profile

Residential Convenience Store high cash flow

Lexington, NC (Davidson County)

Residential Convenience Store high cash flow

Asking Price:$119,000

Cash Flow:$94,908

Gross Revenue:$420,000

EBITDA:N/A

FF&E:N/A

Inventory:$32,000*

Lease Rate:$2,000 /SF/Month

Established:2006

*not included in asking price.

Residential Convenience Store high cash flow

Get Financing Save Print Share Valuation Report

Business Description

Located near both a well known church and school, this residential non-gasoline convenience store is in a great location.
35k inside sales per month
Gross Sales $420,000 year.
Gross Income (After cost of goods) $158820.00
Plus $3000.00 per month in lottery commission.
ATM machine, game machine and U Haul revenue add an additional $9000 per year.
Net Income (After all expenses) $94,908.00

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2
Facilities:
Stand alone building. Beautiful store and well lit. Parking lot is spacious and clean.
Competition:
No competition in immediate area.
Growth & Expansion:
Great potential to increase revenue by adding more game machines and opening the deli to serve hotdogs and other hot foods. Excellent asking price for this business.
Support & Training:
2 weeks of training included
Reason for Selling:
Owner has other businesses

Listing Statistics for Premium Members

Ad#:1448577 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

BROKERAGE HOUSE

Business Listed By:
Ben Haines

BH Business Brokers Mergers and Acquisitions

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Apeizza

Franchise Opportunity In NC
Capital Required: $246,267