Under Contract!! Owner Absentee, C-Store with Beer & Wine

Suitland, MD (Prince Georges County)

Under Contract!!  Owner Absentee, C-Store with Beer & Wine
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Asking Price: $350,000

Cash Flow: $115,000

Gross Revenue: $725,000

EBITDA: N/A

FF&E: N/A

Inventory: $150,000*

Established: 1991

*not included in asking price.

Under Contract!! Owner Absentee, C-Store with Beer & Wine

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Business Description

This is a good income-generating C-store with Beer & Wine and other general merchandise. Great visibility - store occupies an end unit on a shopping strip located on a busy street with plenty of parking.

Additional income (lottery and ATM commissions) for 2016 was over $86,000.

SBA loan available to qualified buyers with $200k down.

Detailed Information

Inventory:
Not included in asking price
Employees:
4
Facilities:
Approximately 2500 sf, well stocked and clean store. Store hours are 9:00 am - 9:00 pm.
Growth & Expansion:
This is a totally owner-absentee business. The owner is running another which is more profitable and requires her full attention. It is currently run by a full time manager pretty much from A to Z, and long time employees are in place. This is the reason her payroll is higher than a normal operation of similar stores. A perfect opportunity for a couple of a family to operate. A good-sized apartment complex is located right behind the store and the store attracts a good number of walking customer from the complex. The entire complex was vacated for over a year for a major renovation and now starting to fill residents back in-as of May, 2017, approximately 25% of the units are occupied and the future looks very bright. Serious inquiries only, please!!!! Must execute NDA!!! ========================================================== YOUR SUCCESS IS OUR ONLY BUSINESS!!! We are an Exclusive Business Brokerage, meaning we only handle Business Listings that are Exclusive to our Company, i.e., we are the only agency from whom you can receive any information of the business you are inquiring. Our assistance is with you every step of the way - through every question and any problems. Please contact us if you are interested in this business. Serious Inquirers Only. Must execute an NDA! Need help with financing to purchase this business? Please ask! We can help. Are you a Business Owner looking for a Business Brokerage company that will truly help you sell your business fast and bring you the right buyer who will pay you the right price? Our database of Buyers is extensive and we may already have a qualified buyer for your business. Contact Us today and let’s talk about what we can do for you! Email: info@goldentreebb.com Phone: 703-992-3266
Reason for Selling:
Current owner has other business to run.
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(from currently available funds)
 
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simon so

Business Listed By:
Simon So

GOLDEN TREE BUSINESS BROKERS

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