Turnkey Convenience / Grocery Store for Sale, Greensboro, NC

Greensboro, NC (Guilford County)

Turnkey Convenience / Grocery Store for Sale, Greensboro, NC
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Asking Price: $85,000

Cash Flow: $73,500

Gross Revenue: $360,000

EBITDA: N/A

FF&E: N/A

Inventory: $44,000

Rent: $1,500 /Month

Established: N/A

Turnkey Convenience / Grocery Store for Sale, Greensboro, NC

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Business Description

Turnkey convenience and/or grocery store business in Greensboro, North Carolina suitable for residents of the Triad area ("Greensboro - Winston-Salem - High Point"). High visibility, high traffic, nice end location with a monthly rent of $1,500.

Inside sales $30,000, lotto commission $300, ATM commission $120, Game Machine $1,000. Estimated annual gross revenue is $360,000 with seller’s discretionary income of nearly $85,000 annually ($6,125 monthly). Low expenses and low overheads makes this a great business for a first time buyer or buyers looking to capitalize on an established business. This store is also available with the option of only purchasing inventory with a higher rent of $2,500 per month.

General Business zoning; pet-friendly, walkable and bikeable. Excellent commercial space with a good mix of commercial / residential customers and students nearby -- this store makes a neighborhood favorite. With an estimated population of 287,027, Greensboro city has the third largest population in North Carolina. This zip code has a slightly higher than average population density increasing the foot traffic to the store.

For more information, or to list your businesses for sale online or sell confidentially offline, contact Madhur Gupta at 919 428 9840. Visit http://www.rplusi.com for a complete list of all businesses for sale or coming soon.

***Information in this listing has been provided by the seller and third parties, and is subject to change without notice. Buyer must independently verify this information, and we assume no responsibility for its accuracy or completeness.***

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Support & Training:
1-2 weeks training
Reason for Selling:
Relocation
Business Website:
http://www.rplusi.com
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Madhur Gupta

Business Listed By:
Madhur Gupta

Madhur Gupta

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