Suburban High-Margin Convenience Store

Rochester, NY (Monroe County)

Suburban High-Margin Convenience Store
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Asking Price: $249,900

Cash Flow: $105,000

Gross Revenue: $470,000

EBITDA: N/A

FF&E: $45,000

Inventory: $45,000

Rent: $2,441 /Month

Established: 1979

Suburban High-Margin Convenience Store

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Business Description

• The owner is relocating and is the reason for the sale
• Lottery and ATM Commissions 1-1 thru 5-31-2019 were $ 16,750 Annualize $ 40,200
• Open Mon. – Thur. 6 AM – 10 PM Fri. – Sat. 6 AM – 11 PM Sun. 7 AM – 10 PM
• A Convenience Store located on a high traffic road in a family-oriented suburb of the Rochester NY area.
• Originally a 7-11 store. A convenience store has been operating at this location for over 42 years.
• This store is very clean, well laid-out, and all the equipment is in very good working condition
REPORTED REVENUE AND SDE:
• 1-1 thru 5-31-2019 reported Sales - $ 196,000 Annualize- $ 470,400
• 1-1 thru 5-31-2019 reported SDE - $ 52,990 Annualize- $ 105,000

Detailed Information

Location:
Rochester, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
6/30/2020
Employees:
4PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
• It has its own parking lot for up to 25 Vehicles • This 3,000 sq. ft store has an ATM and Lottery Terminal
Growth & Expansion:
• An excellent turnkey operation for anyone experienced in operating a convenience store • Next door is an Urgent Care Practice which increases foot and vehicle traffic • Adding a deli, and/or ice cream counter should bring additional customers to this store.
Support & Training:
The current owner will do everything necessary to ensure a smooth transition of ownership.
Reason for Selling:
Relocating out of state.
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Stephen DiPaolo

Business Listed By:
Stephen DiPaolo

AMD Business Brokers

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