Thriving Convenience Store

Myrtle Beach, SC (Horry County)

Thriving Convenience Store
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Asking Price: $249,000

Cash Flow: $156,000

Gross Revenue: $875,000

EBITDA: N/A

FF&E: $15,000

Inventory: $30,000*

Rent: $2,000 /Month

Established: 2004

*not included in asking price.

Thriving Convenience Store

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Business Description

This convenience store has been operating successfully for over 15 years, with a very established and loyal client base. It is located in one of the fastest growing areas of Myrtle Beach and enjoys average daily traffic of over 23,000 vehicles. Rolling 12-month total income has exceeded $875,000, generating over $155,000 of owner benefit!! Even with all of these positive metrics, the store has the potential to grow with expanded hours and product mix.

Detailed Information

Location:
Myrtle Beach, SC
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a strip center with long-term, traffic generating tenants. Plenty of parking, easy access off a main highway that has been recently expanded and upgraded.
Growth & Expansion:
Expand hours to capture morning customers as the store does not open until 10am, and is closed on Sunday.
Support & Training:
As needed
Reason for Selling:
Retirement
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Mike Hughes

Business Listed By:
Mike Hughes

Sunbelt Business Brokers

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Sponsoring Broker:
Ken Neathery

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