Busy Neighborhood Convenience Store For Sale!!!
| Asking Price: | $120,000 | Inventory: | $15,000 ++ |
| Gross Revenue: | $432,000 | Real Estate: | $180,000 ** |
| Cash Flow: | Not Disclosed | FF&E: | $10,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
According to this owner, this is a small neighborhood convenience store in south Memphis which has been established for three and a half years and an excellent opportunity for a mom and pop team, a family or first time buyers. The customer base consists mostly of neighborhood patrons; however, the owner gets some business from street traffic as well. The owners gives a prospect a chance to purchase the business with real estate or just the business only.
Owner states this store generates an average of $1,000 per day and that she works there daily from 9am to 3pm. She has another store which she operates with her husband and they do not have enough time to spend with their children, thus, the reason why she is selling.
Days of Operation: Six days, Monday thru Saturday 9:30am to 9pm
Inventory @ cost included in sale: $15,000
Overall mark up: 35%
Average Monthly Expenses:
Rent: $2,000
Utilities: 1600
Insurance: 300
Wages: 2600
Telephone: 200
Garbage: 95
Purchase Price for business + real estate: $300,000. For Business Only without Real Estate: $120,000
Owner states this store generates an average of $1,000 per day and that she works there daily from 9am to 3pm. She has another store which she operates with her husband and they do not have enough time to spend with their children, thus, the reason why she is selling.
Days of Operation: Six days, Monday thru Saturday 9:30am to 9pm
Inventory @ cost included in sale: $15,000
Overall mark up: 35%
Average Monthly Expenses:
Rent: $2,000
Utilities: 1600
Insurance: 300
Wages: 2600
Telephone: 200
Garbage: 95
Purchase Price for business + real estate: $300,000. For Business Only without Real Estate: $120,000
About the Business
Year Established:2005
Employees:1 full time - 2 part time
Facilities:Will sell business for 120K or bus+real estate for 300K.
About the Sale
Management Training and Support:Seller will train new owner for a mutually agreed upon period of time.
Reason For Selling:Needs to spend more time with family.
Seller Financing:Seller Financing Available. Contact agent for more details.
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,
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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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