Busy Convenience - Water Store in Hollywood - Price Reduced for Quick Sale
| Asking Price: | $19,000 | Inventory: | $10,000 ** |
| Gross Revenue: | $126,000 | Real Estate: | n/a |
| Cash Flow: | $30,000 | FF&E: | $25,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This convenience store is located next to two schools and tailors primarily to students customers. They primarily sell snacks, candies, soda, energy drinks and coffee. This mini-market also has a complete water-filtering system and makes its own filtered water. They have three water taps inside and water vending machine outside. Water vending machine is accessible 24 hours a day. They have very expensive automated self-service coffee machine that makes great coffee for 50 cents. There are 3 busy times a day: mornings, when students go to school; after school, and after night classes.
This store beats competition with the lowest prices for the same products: soda - 50 cents, ice cream sandwich - 70 cents, coffee - 50 cents, etc. The owner will teach you how to find bargain-priced merchandise and make good profit.
There is opportunity to expand the water business by offering delivery and signing service contracts with neighborhood businesses and households. The sale also includes a commercial electric oven that can be used for baking pastries and bread.
The store is operated by the owner and his wife, with no employees. The owner has health issues and wants to retire. Purchase price does not include $10,000 of inventory. It's a cash business. This business is a great opportunity for energetic person with desire to grow and expand.
This store beats competition with the lowest prices for the same products: soda - 50 cents, ice cream sandwich - 70 cents, coffee - 50 cents, etc. The owner will teach you how to find bargain-priced merchandise and make good profit.
There is opportunity to expand the water business by offering delivery and signing service contracts with neighborhood businesses and households. The sale also includes a commercial electric oven that can be used for baking pastries and bread.
The store is operated by the owner and his wife, with no employees. The owner has health issues and wants to retire. Purchase price does not include $10,000 of inventory. It's a cash business. This business is a great opportunity for energetic person with desire to grow and expand.
About the Business
Year Established:2004
About the Sale
Management Training and Support:Seller will provide 2 weeks of training at no additional charge
Reason For Selling:Retirement
Attached Files - Attachment Disclaimer
KEYWORDS: convenience store, cash, mini market, mini-market, coffee shop, bakery, mini-mart, Hollywood, Los Angeles
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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.
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