Busy C-Store! High Sales! Great Location!
| Asking Price: | $165,000 | Inventory: | $25,000 ++ |
| Gross Revenue: | $720,000 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | $35,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is a neighborhood convenience store in a great location in this northeast Memphis location. The owner established this business three and ahalf years ago and states that the business is grossing around $2,000 per day. The customer bases consists of residents in the homes and apartment complexes in the area as well as customers from street traffic. The owner does not offer EBT services at this location which is a great opportunity for sales to increase if food stamps were accepted.
The store is open seven days per week from 7am-11pm. Owner states his average profit margin is between 25% and 30%.
There are two employees (one full time and one part time). Inventory of $25,000 will be included in the purchase price.
The average monthly expenses are:
Rent: $1,500 (present lease expires in April 2011 with two year options: 1st five year @1750 and 2nd five year @$2,000.
Utilities: 1200
Wages: 2000
Insurance: 170
Telephone: 50
Alarm: 50
Purchase Price: 165,000
The store is open seven days per week from 7am-11pm. Owner states his average profit margin is between 25% and 30%.
There are two employees (one full time and one part time). Inventory of $25,000 will be included in the purchase price.
The average monthly expenses are:
Rent: $1,500 (present lease expires in April 2011 with two year options: 1st five year @1750 and 2nd five year @$2,000.
Utilities: 1200
Wages: 2000
Insurance: 170
Telephone: 50
Alarm: 50
Purchase Price: 165,000
About the Business
Year Established:2005
Employees:2 full time - 0 part time
About the Sale
Management Training and Support:Seller will train new owner for a mutually agreed upon period of time.
Reason For Selling:Relocation
KEYWORDS: Cstore, c-store, c store, convenience, convenience store, convenient, convenient store, grocery, grocery store, liquor, liquor store, package, package store, cigar shop, gas station,
Sell Your Business | This listing has been viewed 95 times
advertisement
 |  | ||||
| |||||
 |  | ||||
| | |
|
Recommended Resources
Sponsored Links
| ||
| |
| | |
|
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
| ||
| |
