Well-Established Convenience Store on Major Street – $164K Annual Income – Turnkey Operation! Asking price is $220,000 plus inventory.
Here’s your chance to own a profitable and long-standing convenience store located on a high-traffic major street. This business has been serving the community for 27 years, with a strong local customer base and consistent revenue. The current owner has successfully operated the store for the past 2 years but is now selling due to personal reasons (divorce). Current owner works at store about 4 hours a day.
Financial Highlights:
Monthly Revenue: $52,000
Net Monthly Income: $13,700
Annual Net Income: $164,400
High Margins on Inventory: 35%
Multiple sources of income: Bill Pay, Lotto, and ATM totaling $2,700/month
Business Strengths:
Prime location with steady foot traffic
Turnkey operation – Store is staffed with two employees who can stay on if the new owner / operator desires.
Diverse revenue streams including Bill Payment, lottery, and ATM
Low overhead relative to income
Established name in the neighborhood with loyal repeat customers
Opportunities to Grow:
Expand product lines or operating hours
Add Check Cashing or Hot Food for additional streams of income ($30,000 - $50,000)
This is an ideal opportunity for an owner-operator or investor looking for a stable, cash-generating business with room for expansion. Serious inquiries only.
This listing in not SBA eligible.
Ad#:2364635
