Convenience Store Downtown Lakeland!!

Asking Price$350,000

Cash Flow
$160,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$962,400

Inventory$65,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Convenience Store Downtown Lakeland!!


Asking Price$350,000

Cash Flow
$160,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$962,400

Inventory$65,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
You can tell by the picture that this convenience store has been completely renovated and is one of the nicest stores on the market. The store is located just on the north side of downtown Lakeland surrounded by many homes and businesses. This is why the convenience store sales average $75,000 - $80,000 per month not counting Lottery. The Lottery profit brings in over $2,000 per month. You earn extra income from the ATM of $600 per month. This store is open 24 hours and has a busy night business. There is an area to the left of the counter where you can add a deli. The Landlord will give a new long 15 year Lease to the Buyer. Please call Mark Laurie with Property Business Brokers for more information or to schedule a showing.
About the Business
Years in Operation
5
Facilities & Assets
The Buyer will receive a new 5 year Lease plus two additional 5 year options to renew. The total rent INCLUDING property tax and building insurance is $7,700 per month. Low $200 annual increases. Price includes the POS system, drink coolers, and other equipment. New AC and new roof!
Market Outlook / Competition
This is known in the local community as the 24 hour market. Not much competition in this area.
Opportunities for Growth
Add a Bit Coin machine to earn extra income.
About the Sale
Transition Support
The Seller will train the buyer for at least a week or more if needed.
Listing Info
ID
2418943
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Business Listed by: Mark Laurie Property Business Brokers

Listing ID: 2418943 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. See our full Terms of Use. Learn how to avoid scams.


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